Finding a bad credit mortgage lender
If you have a bad credit rating, or you're suffering financial
hardship and you need a mortgage, contact a sympathetic advisor
like Leybridge Limited.
If, like many other people, you are a victim of bad credit and have
problems with your credit rating, you will find it difficult to obtain
a regular mortgage. High street lenders rarely have the right product
for your circumstances and you can get the feeling that you're a second
class customer as far as they're concerned.
Bad credit mortgages do exist
Make a change for the better by finding a specialist mortgage lender.
These lenders know that most people with bad credit are trying to
turn the situation around, and they are prepared to help by providing
tailored products that suit your circumstances. All you need to
do is find a company that can help you select the right product.
At Leybridge Limited, we're successful because:
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We're specialists - with fully qualified,
experienced mortgage advisors and a history of finding the best
bad credit mortgages for a wide range of clients, we can give
you advice and support when it matters most.
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We use a range of products - high street
lenders and small specialist companies only give you access
to their own range of products. By using a firm like Leybridge
Limited, you have access to a wide range of bad credit mortgages,
several of which may suit your circumstances. We can find those
products and help you decide which will work best for you.
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Fair advice - Leybridge Limited is
authorised and regulated by the Financial Services Authority
(FSA). That means that we have to comply with strict guidelines
on how we advise clients. You should never use a mortgage broker
who isn't authorised by the FSA.
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We take a long-term view - many bad
credit mortgage brokers arrange a mortgage for you and then
forget you. At Leybridge Limited, our focus is on helping you
to regain a positive credit rating by keeping in touch with
you so that we can move you to better products when your circumstances
allow. This long-term view can help you to improve you financial
situation with the support of an experienced advisor behind
you.
Bad credit mortgage products are designed to help you with a variety
of financial difficulties. Whether you've had problems with previous
mortgage payments, have had County Court Judgements against you
or you are suffering from credit card or store card debt, these
mortgage products can help you to stay in or purchase your own home.
How are bad credit mortgages different from regular mortgages?
Bad credit mortgages work in exactly the same
way as traditional high street mortgages. The major differences
are usually in the interest rates charged and the redemption penalties
or additional conditions that are placed upon you.
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Interest rates - these are often slightly
higher because the lender is taking a greater risk with bad
credit clients than with good credit clients.
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Redemption penalties - many mortgages
allow you to make overpayments or clear your mortgage after
a certain period. Should you want to make those payments during
that period, you may be charged additional fees.
If you're concerned about finding a mortgage that will suit your
bad credit situation, then talking to a specialist mortgage company
like Leybridge Limited. You can contact us now on 0800 977 7587
or request a quote or advice online.
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