CCJ Mortgages & Remortgages

Our experienced brokers specialise in complex cases. Many people with a County Court Judgement (CCJ) put their mortgage dreams on hold; however, it is still possible to the find the most appropriate mortgage deal. With a deep focus on the adverse credit mortgage market, we can quickly assess your chances of getting a mortgage. Our proactive brokers will already know the lenders more likely to accommodate your financial circumstances and borrowing requirements.

Can You Get A Mortgage With A CCJ?

If you’re wondering if you can get a mortgage with a CCJ, you’ll be pleased to hear that it is indeed possible, although you may be able to maximise your chances of being accepted if you use a CCJ mortgage broker to help you with the process and your application.

County court judgements - or CCJs - can be ordered against you if you fail to repay certain debts, although they are typically a last resort following previous attempts by your creditors to recoup what is owed.

Having CCJs on your credit file can make it more difficult to be approved for a mortgage, as well as preventing you from taking out credit cards or even opening a bank account. CCJs will show on your credit file for six years, which can make it difficult for you to access credit and financial products like mortgages… difficult but not impossible.

It will be more difficult to obtain a mortgage with a traditional high street lender if you have a CCJ against you. Lenders will consider the date of registration for the CCJ, whether or not it is satisfied, the amount, the number of CCJs you have on your credit file, the amount of deposit you have for the mortgage and the type of mortgage you need.

CCJs can affect your chances of getting a mortgage but they don’t have to stop you from being ultimately successful in your application. A team of specialist mortgage advisers can help you from start to finish, preparing applications and finding suitable lenders. Get in touch with us today to find out more.

Can You Get A Mortgage With A Satisfied CCJ?

CCJs are issued if you fail to settle certain types of debt and other reasonable avenues to recoup what is owed (such as defaults, letters and late payment notices) have been exhausted.

While CCJs can make it much harder for you to take out a mortgage, if you’ve satisfied the court judgement and have paid it off it can be easier to be accepted for loans of this kind. Settled CCJs will be wiped from your credit file after six years and there are lenders out there that will consider your application more favourably if you’re in this position right now.

You can also maximise your chances of success by having a regular proven income and a clear credit history since the CCJ, so these could be key areas of focus for you at the moment if you are keen to take out a mortgage.

If you’re still unsure as to whether you’re able to get a mortgage with a satisfied CCJ, get in touch with us today to see how we can help. Speaking to a specialist mortgage broker can make all the difference when it comes to your application and there’s no need to go it alone if you don’t have to.

Can You Get A Shared Ownership Mortgage With A CCJ?

Yes, it is possible to get a shared ownership mortgage with a CCJ, with specialist mortgage lenders out there on the market who will consider your application. However, you may find that you have to put down a larger deposit, as you may be viewed as a riskier investment than those with a good credit history.

Each application will be judged on a case by case basis, but you may find that you can improve your chances of being approved if you talk to specialist mortgage brokers.

Can You Get A Mortgage If You Have A CCJ, Defaults And/Or Other Bad Credit?

Although it can be difficult to get a mortgage with bad credit, defaults and/or a CCJ against you, it is not impossible… so if you are looking into mortgages with defaults and CCJs, it may be advisable to talk to specialist mortgage brokers who will be able to guide you through the process and answer any questions you may have.

Can You Get A Self-Employed Mortgage With A CCJ?

Yes, it is certainly possible to get a self-employed mortgage with a CCJ, although you will need to provide additional documentation and paperwork to support your application and maximise your chances of being approved.

Traditional high street lenders may not be the best choice if you do have a CCJ or bad credit, but there are other options available - so it’s important to do your research properly and find the most appropriate lender for you and your specific circumstances.

Can You Get A Right-To-Buy Mortgage With A CCJ?

The right-to-buy scheme is designed to allow council house tenants in England to buy their rented property at a discount price, which makes it an attractive option for many… including people with bad credit, CCJs, defaults and so on.

There are various lenders out there on the market that will provide finance for borrowers with a bad credit history, although you may find it harder to be accepted and you may find you aren’t offered the most competitive rates.

Can You Get A Buy-To-Let Mortgage With A CCJ?

The type of mortgage you’re considering can affect whether or not you’re approved if you have a CCJ against you. If you already own your own home and are looking to remortgage or move elsewhere, you may find it easier to apply for a mortgage than if you were looking for a buy-to-let property.

However, it is not impossible to get a buy-to-let mortgage with a CCJ - although you may need to satisfy the CCJ before you apply and you may need to have a bigger deposit than you might do otherwise. Get in touch with us today to see how we can help.

Can You Get A Joint Mortgage With A CCJ?

Different lenders have their own eligibility criteria that they’ll adhere to and you may find that one party having a CCJ against them makes it harder to take out a joint mortgage.

Some lenders even base their decision on the lower credit score out of the two, which can be frustrating, while others will assess both scores and calculate an overall score, taking both into account.

It can be even harder to take out a mortgage if both of you have bad credit or a CCJ, so it can be beneficial to make use of specialist mortgage brokerage services to improve your chances of success.

Can You Remortgage With A CCJ?

If you have bad credit and are wondering what your options are, you’ll be pleased to hear that you can indeed remortgage with a CCJ against you… but you may find that it’s more difficult to access the funds you need and you may not be offered the most competitive rates.

There are specialist lenders out there who do consider applications from those with adverse credit, CCJs and defaults, but it can be a difficult landscape to navigate. If you need any help or advice relating to remortgaging with CCJs, get in touch with us today.