In many countries the purchase of a home funded by a mortgage is a common practice. But many people find it hard to take out such a loan, because of their prior problems, such as adverse credit history, County Court Judgements (CCJs), having mortgage arrears, being self employed, or having no proof of income. But these people too need a solution to get out of an overwhelming debt. Even though your credit history may not be spotless, or you may not be able to provide evidence of a guaranteed income, you should not lose hope. There is an answer for you, too. There are financial institutions that can help you make smaller payments on your mortgage by finding another lender wiling to offer you a better interest rate. These are also the institutions that will help you rule out the option of selling your home when you want to release the equity that you have built up. If you fit into any of the categories described as follows, then you can rest assured; there is hope for you.
You know you have your source of income, which may or may not be very reliable, yet you cannot provide any proof of your earnings. You can still take out a mortgage loan, which is typically referred to as Self Cert Mortgage. If you can afford to make payments, but you find it rather difficult to use a traditional method to demonstrate that these earnings exist, then you, as the borrower, can declare your earnings, and not have to come up with any proof of them, and be granted a self cert mortgage. The Self Cert CCJ mortgage fits in the same category, and although you may have found it quite difficult to get a remortgage having received a County Court Judgement against your name, you should know that there is a wide range of products available even for you. All it takes is that you contact specialists in Self Cert CCJ mortgage, and you will have your chance at securing a competitive loan, regardless of the reason that generated the County Court Judgement.
CCJ mortgage products are widely available, because even people with bad credit history need to become homeowners. CCJ mortgage Southampton is one of these products, and its features are similar to those of any other product in this category of loans, meaning that you will probably be able to get a mortgage or remortgage in spite of any County Court Judgements that you may have received. With the CCJ mortgage Southampton products, you need not worry about not finding lenders. These services are available to you, too.
Bad debt mortgage Southampton is yet another one of the financial products that you have at your disposal if you have had the misfortune to experience some adverse credit history. In most cases, banks and other financial institutions are reluctant in offering you any loans but there are other lenders that you can turn to when you have experienced bad debt mortgage Southampton.
Problems obtaining a mortgage or remortgage may also occur when you are self- employed and have received a CCJ against your name. However there is a financial product called Self Employed CCJ Mortgage that you can make use of. There are lenders willing to help you obtain a mortgage or remortgage even in this situation. You will have to talk to Self Employed CCJ Mortgage specialist who will make sure that your aspirations, circumstances and needs are entirely explored and then together with you they will provide you with the best solution.
One other financial product that can help you regain control over your finances is the Quick Arrears Remortgage. Having arrears should not be an impediment from getting a remortgage if you appeal to specialized companies who deal with problems like this every day. Quick Arrears Remortgage is also a good solution because it gives you the opportunity to manage finances through one payment a month. If you have had financial problems in your past, there are plenty offers for you as well and companies who can help you financially.