Mortgage CCJ's
Can I have a mortgage if I have CCJs registered against my name
What is a CCJ ?
After the court hearing, the court may issue an order saying you must repay the debt. This order is called a CCJ and will either be for the amount agreed between you and your creditor or, if you can't agree, a payment set by the court.If you have judgments from more than one creditor, the court can combine your debts and make an 'administration order' - saying you must make a single payment every month to be shared by all your creditors.How do I get rid of a CCJ from my credit file?
If you have had a CCJ against your name, and you have settled it, it is possible to obtain a certificate of satisfaction. Which lets the potential creditors like the mortgage company know that you have paid your debts, however, the record will still show on your credit file for 6 years.
If you have had a CCJ against your name in error then contact the county court, quote them the reference of your credit file and ask them to issue you a Certificate of Cancellation. A CCJ can also be removed from the Registry Trust Records, and therefore your credit file if the debt is paid within one month of the judgement.
If I have a County Court Judgement (CCJ's) can I still get a mortgage?
Mayfair Consulting as a whole of market mortgage advisors are able to assist many clients to obtain a mortgage even if you have CCJs registered against your name. There are many lenders that now accept CCJs on their clients, However, no high street bank will have people with CCJs the lenders chosen are specialist lenders.
Contact one of our specialist mortgage advisors on 08707 40 22 44 or fill in or Mform for a call back.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The overall cost for comparison is 7.1% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. There may be a fee for the mortgage advice. The precise amount will depend on your circumstances, but we estimate it will be 1.5% of the loan amount with a minimum fee of £500 added on to the loan.
Mayfair Consulting Limited is an Appointed Representative of The Mortgage Times Group Limited, 279 Tottenham Court Road, London , W1T 7RJ , which is authorised and regulated by the Financial Services Authority no. 303007.
