First Choice Finance - Mortgage Broker First Choice Finance Compare Home Owner Loans
First Choice Finance - Mortgage BrokerCompare Home Owner Loans


Missed Payments, CCJ`s, mortgage arrears. Poor Credit Mortgages

Missed Payments, CCJ`s, mortgage arrears. Poor Credit Mortgages

 



Missed Payments, CCJ`s, mortgage arrears. Poor Credit Mortgages

Video transcript

Securing a home loan can be difficult in the current climate regardless of your credit history, but if you're looking at poor credit mortgages, First Choice Finance could still be able to help.

While Council of Mortgage Lenders (CML) figures show that mortgage lending increased in May 2013, it's been mainly driven by London and the South East, with much of the rest of the country not getting hold of home loans quite so easily.

That's especially the case for people with poor credit histories, which many may have built up during the recession as they paid for more things on credit in the hope that they'd be able to pay it back soon once the economy recovered.

Having a poor credit rating can put a lender off providing you with a mortgage, as they may not feel as though they will see a return in their investment.

However, there are some providers who specialise in people in those circumstances.

First Choice Finance can search through the poor credit mortgages we have access to and find the most suitable one for you.

It'll be offered on a no-obligation basis and any quotes are provided for free, so you can turn it down if you are not completely satisfied with the quote.

Discover more about the poor credit mortgages that you can get through First Choice Finance by filling in our short enquiry form at firstchoicefinance.co.uk or by calling 0333 003 1505 from a mobile or 0800 298 3000 from a landline.
 

Homeowner Secured Loans
Rates From 7.1% APRC Representative Example £30,000 over 72 months @ £679.90 repayments. Total payable of £49,949. 20.1% APRC including £2,975 intermediary fee and a £995 lender fee. Loans secured on property. First Choice are tied to certain loan providers.

Mortgages & Remortgages
4.5% APRC
Representative Example: Borrow £80,000 over 25 years At 4.6% Variable, £461.95 for 300 months.
Total Payable £138,585. Total Cost Of Credit £58,585 (incl £1360 fee).


Unsecured Personal Loans
REPRESENTATIVE 49.9% APR (VARIABLE)
First Choice are tied to certain unsecured lenders.


THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Security is required on immovable property.



Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home. We Advice Upon & Arrange Mortgages & Loans. We Are Not A Lender.

First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected 2014-2018.


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