Which broker CCJs Mortgage Should You Choose?
Some brokerages choose to broker CCJs mortgage products and its specialists like these that could help you.
If you need someone to broker a CCJs mortgage for you, then you need to do some research on which mortgage brokers have experience in this market.
Who can broker CCJs mortgage products?
Only a qualified, regulated mortgage specialist can broker CCJs mortgage products. By law, all mortgage brokers now have to be regulated by the Financial Services Authority (FSA). The FSA has established a number of rules and guidelines which are designed to protect the public from bad advice or misrepresentation of the products available on the market. All mortgage brokers have to be inspected and regulated by the FSA in order to conduct mortgage business and this is no different for those who broker CCJs mortgage products. If your mortgage broker isn’t regulated by the FSA, then he or she shouldn’t be advising you. To find out if the broker you are thinking of using is regulated, check their status at www.fsa.gov.uk . In addition, it’s important to make sure that your adviser has the experience to broker CCJs mortgage products. By its nature, this market is smaller and more complex than the general mortgages market, so it makes sense to get advice from someone who not only knows the products, but also has contacts with each lender. This way, if you come up against a problem in your application, you don’t have to worry about spending hours on the phone to find out who can sort it out – your broker can go direct to their contact and work out a solution.
How quickly can you broker CCJs mortgage deals?
The speed with which your adviser can broker CCJs mortgage deals depends on your financial circumstances and the lender’s own requirements. In general, a mortgage broker for CCJs mortgage products will want to talk to you either over the phone or in person to make sure that they have accurate financial background information about you. This makes it easier to make the application to the mortgage lender. Once your application has been submitted, the lender will want to check the information on it, including your credit history. The length of time this will take depends on how quickly your credit history can be sourced, and how the lender relates that information to your application. In many circumstances, you will have had to declare your credit history on your application form, so the lender just needs to check your claims against your credit record. That’s why it is important that you check your credit rating yourself before you approach someone to broker CCJ mortgage applications on your behalf.
How do I contact someone to broker CCJs mortgage products?
A mortgage broker with a specialist department will broker CCJs mortgage products on your behalf. Simply call or email to start the process. These brokers are used to receiving calls from clients with credit problems, and will deal with you professionally and sympathetically. It’s far better to find someone to broker CCJs mortgages products for you than to try and confront this complex market head-on.