CCJ's Credit Mortgages
Yes! It is possible to arrange a mortgage for you, even if you have CCJ'sYour home/property may be repossessed if you do not keep up repayments on a mortgage or other debts secured on it.
Getting a Mortgage with CCJ's
County Court Judgments, or CCJ's, are just one of the things which can pose a real problem to singles or couples seeking a mortgage. As you know doubt know, a bad credit score can be caused by a number of things including repeatedly missing payments, not being registered on the electoral roll, having no credit history (if you are still young), and of course having county court judgements against you.
Certainly, a CCJ is more serious and concerning than a few missed phone bills, but it still won't bar you from finding a mortgage at all. By taking advice from mortgage experts, you can increase your chances of getting a mortgage, even with a CCJ in your recent past.
Can I Still Get a Mortgage With a CCJ?
In short? Yes, though it may be harder to get competitive rates.
There are a good number of lenders who are willing to help those with CCJ's to get mortgages, even if they are outstanding. When considering your application, lenders will consider how many CCJ's you have, and their value, but they will be most concerned with how recently any judgements were filed against you. If any of your judgements are under three years old, you will find it much harder to get a mortgage at all.
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