Credit Problems

It is a well known fact within the financial services community and to a certain extent in the general media now, that one in four people would be unable to secure a standard mortgage from a high street lender due to adverse credit history.

There can be many reasons for this but most people when asked assume that this would only apply if you had been taken to court for non payment of a debt! However this is not necessarily the case as failure to make payments on existing loans, mortgages and credit cards can and will be registered on credit reference agencies and so a bad payment history will most definitely count against you.

With a growing debt problem in the UK and one which is being spoken about with increasing regularity in the media it is inevitable that obtaining a mortgage or remortagge will become a major issue for more and more people who have to move house or raise funds to settle debts.

Once again this is where the invaluable experience and contacts within the mortgage market that Morland Potter have developed will be critical in securing mortgage funds for clients who are experiencing difficulties.

If you would like to discuss these problems then please contact Morland Potter to arrange an appointment.

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Registered Address: Mytton House, College Hill, Shrewsbury. SY1 1LZ
Company Registration Number: 4878814