CCJ Remortgages Explained
A County Court Judgment (CCJ) is a decision by a court that says a person owes money to a creditor and that he has not met the obligations laid out by that creditor. It is beyond a default, which is often the cause of something as simple as a missed payment. A CCJ is more likely caused by consistent late payments or by multiple late payments.
Even a CCJ (called a Decree in Scotland) doesn't prevent a person from being able to get a remortgage on a home. In some instances, it could even be the motivating factor behind the remortgage. Many borrowers find themselves being trapped in adverse credit conditions. This usually prevents you from getting the best deal on mortgages and remortgages. The good news is Infinite Mortgages specialises in providing remortgages to homeowners who have had credit troubles such as missed mortgage payments, CCJs, mounting debt, or they may simply have trouble proving their income.
If you’re bogged down with credit cards, personal loans and or store card payments then a debt consolidation remortgage with Infinite Mortgages may be the solution you’ve been looking for!
Bad credit remortgages are also known as poor credit, impaired credit, sub prime or non status remortgages - they all effectively mean the same thing. (see mortgage glossary?) CCJs, IVAs, arrears, defaults, late payments, bankruptcy can all amount to an adverse credit score so we have extensive rates and plans to find a remortgage regardless of your credit condition.
Security and Peace of Mind...
Our remortgages are provided in accordance with the FSA 306746 registered. This makes poor credit mortgages suitable for every UK homeowner. It’s a fast solution to any bad credit situation so apply now for a ccj remortgage quote
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