A good place to begin improving your situation would be below:
Tip 1 : Compare deals from various lenders or let an independent mortgage adviser do it for you. Weigh up the benefits of different offers using either a broker or mortgage adviser. Use price and rate comparison sites to see what sort of interest rates are being given for mortgage applications for people with County Court Judgements or (CCJs).
Tip 2 : See if you can improve your poor credit scoring finance - Companies update your credit file incorrectly and put down late payments that where made on time. If you use Experian or Equifax to check on this you can remove incorrect data. If you have the know how and some patience you can also remove CCJ records from your credit file. Detailed ebooks to explain the process can be found at our main website.
Tip 3 : Use a mortgage broker for CCJs specialist or independent mortgage adviser. These professionals normally have access to hundreds of lenders and can usually find something for all circumstances. Unlike banks these brokers have access to many financial products.
Tip 4 : Don't stretch yourself ! Ensure you can afford the payments even if interest rates rise in the future. Maybe fixing the mortgage brokers for CCJs mortgage is better for you.
Tip 5 : Keep a look out for early payment charges ! When you accept a mortgage you enter an agreement with the provider, this covers how long a special interest rate will be applied for. By moving companies within that time or sometimes even after you can be stung by early redemption charges. Read the small print to find out about any charges.
When applying for mortgage brokers for CCJs. Only apply to the right kind of brokers or mortgage advisers though. Each application will involve doing a credit search on your credit file. If a lender sees many searches on your file they may think you are desperate and load the APR or interest rate you are offered. Limit the searches done to 3 or so and you should be fine.
The first site to help you is this site Remortgages With CCJs it specializes in adverse credit history mortgages. In addition lots of advise for remortgaging can be found by visiting CCJs Remortgages
Damian is the owner of many finance related websites. Including mortgage, loans and debt advice. For more information visit CCJ Help