If you have been issued with a County Court Judgement (CCJ) you may now be wondering if it has scuppered your chances of ever being approved for a mortgage.
Indeed, any financial failings from the past can come back to haunt you when it comes to trying to secure borrowing, including a mortgage. These can include late payments, debt management plans, repossessions, individual voluntary arrangements and bankruptcy.
When it comes to County Court Judgements, there are many factors that can impact on your chances of obtaining a mortgage. High Street lenders are generally less likely to approve CCJ mortgages. However, specialist lenders may accommodate you. A CCJ mortgage broker can provide access to these lenders as well as advice. They are also likely to find the most suitable mortgage term and interest rates for your situation.