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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
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| Avoiding a Bad Credit Record | |
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| Click Here for the Adverse Mortgages guide to how to avoid a bad credit record when you can't keep up with the payments on a mortgage, loan or credit card. |
| Guide to Remortgaging | |
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| Click Here for the Adverse Mortgages points to remember when looking to Remortgage a property. |
| Faced with Repossession | |
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| Click Here for the Adverse Mortgages guide to what to do if you are faced with repossession. |
| Mortgages and Divorce | |
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| Click Here for the Adverse Mortgages guide on how to deal with your mortgage on divorce. |
| your credit file | |
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| Click here to find out how to get your credit file. This will give you an insight into what a potential lender sees, when they carry out a credit search. |
| self employed? | |
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| If you are having difficulty getting a mortgage due to any of the following: . Self employed with no accounts . Low net profits . Self assessment . Recently self employed We can help |
FAQ's Do you have difficulty proving your regular income but still require a home loan? A Self-Certification mortgage (self cert mortgage) will allow you to state your income without having to provide the usual documentary evidence. What sort of rates will I be charged? The rates charged by our lenders reflect your circumstances. Therefore a mortgage consultant will need to assess your situation before being able to tell you which rates would be available to you. Can I get a mortgage on a mobile home, boat or self-build property? No, only standard construction properties are acceptable to our lenders. Which lenders do you use? We search from a panel of lenders including high street lenders and specialists, all of which are accredited by the Council of Mortgage Lenders. Can I get a Shared Ownership mortgage? Not currently, but we are waiting on a new product from one of our lenders. We can put you on a mailing list to be contacted when the product is launched. Please contact us for more information. How can 1st For Mortgages help when other lenders can't? We specialise in helping people who are having difficulty in obtaining a mortgage due to difficulty in proving income or who have had credit problems. I am not on the voters role, can I still get a mortgage through 1st For Mortgages? Yes, if you are able to provide proof of residency in the form of 'utility bills' 'bank statements' etc. I am unemployed, can I still get a mortgage through 1st For Mortgages? An income will be required from a guaranteed source, such as Private Pensions, Occupational Pensions, Investment Income etc. How long do I need to be in my job before I can get a mortgage through 1st For Mortgages? The criteria varies from lender to lender, please contact us for more details. How much can I borrow in relation to my income? Generally most lenders will lend 3.5 times your annual income, however there are other factors which are taken into consideration, please contact us for further details. I have an outstanding balance from a property repossession, can I still get a mortgage through 1st For Mortgages? Yes, please contact us for more details. Can I get a decision on a mortgage before I have found a property to buy? Yes, it is a good idea to get your mortgage approved subject to property. This means less chance of a break in the property chain, your purchase will complete more quickly and you will be in a stronger position with estate agents when you do make an offer on a property. The above Questions and Answers are very general. Everyone's situation is different. Please contact us for constructive and sympathetic advice. |