Bad Credit, Going through a Broker

You may have dreams of owning your own home or going on a holiday that you have been promising yourself for ages, but your bad credit rating prevents you from getting a good high street deal. You may be self employed and are not aware that you can get a self cert mortgage and a secured loan without having to produce evidence of previous work through your wage slips. You may have fallen behind with your repayments and have mortgage arrears and do not think anyone will give you credit.

The financial market is full of a myriad of products that may apply specifically to you. Just because you have mortgage arrears , have a bad credit rating or are self employed does not mean that you can not apply for a self cert mortgage or a secured loan. You have to shop around to find out what is available and suitable for you.

A word of caution first. If you decide to shop around this may involve going to see companies individually. Each enquiry checks out your credit rating. To another company you solid reasons for enquiry look to them like you have been turned down by their competitors and this counts against you.

To counteract this and not to force further weight on a bad credit rating it may be your best bet to go through a broker. They can look at a range of products. Whether this is self cert mortgages, secured loans, bad credit or reparations for mortgage arrears they will be able to find several firms that fit your profile. This will only count as one enquiry to the credit rating database and so is a lot better then doing the research yourself and generating several enquiries to look at your credit rating.

It may also be well worth calling up an independent financial adviser. They are best placed to advise you on what product you need. Let them know your income and outgoings and how much you can realistically afford to pay out each month. Tied with your aspirations they will find the right solution.

We can not promise you a Mortgage BUT we will listen no matter what your circumstances are.

SOLVING YOUR MORTGAGE PROBLEM SIMPLY

ABBEY FINANCE

0845-4567-847

Just click here to fill out our simple on line Mortgage Enquiry Form, it will only take a few moments.

enquiries@abbeyfinance.biz

Actual rate available depends on circumstances ask for personalised illustration. The overall cost for comparison is 7.9% APR. Our representative fee charged is 1.25% of amount borrowed. APR variable and based on a usual case.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE