If you have a county court judgement in your credit history and you are looking for a mortgage in Devon, Fareham or Hertfordshire, then you should be ready to face a few problems. There are not many lenders in Huddersfield, Wokingham and in Wales that would be ready to take a risk like that by offering funds to those with a CCJ.
There are only a few sub prime lenders in Ireland, Milton Keynes and also in Portsmouth that offer CCJ mortgages without any credit checks. You can take help of a good broker for finding such lenders online that would offer you such mortgages in Southampton, Torquay and in Yorkshire even with non status, adverse or bad credit history.
Most lenders offer an LTV of 80%, 85% or 90% to 95%, 100% and even 110% for unique cases according to your financial conditions.
An easy way to get a CCJ mortgage is to contact a loan arranging company or a broker like Fancy Mortgages, Adverse Mortgage Centre and Fair Investment. These companies can offer you guaranted mortgages which would be a good opportunity for you to invest in a property of your own if you currently use a rental property and pay rent.
These companies would also be able to give you good advice on how to get a quote, give you more information on the best rate in the market, interest rates, online calculator to compare and find the cheapest fixed rate mortgage etc.
You should be aware that you would have limited options and choices when you are looking for CCJ mortgages since there are only a very few lenders that still offer these loans.
With a mortgage like this, you would be able to buy properties like holiday cottages, bedsit, guest house and regulated tenant properties. Brokers can help you find good subprime lenders that can offer flexible no credit check sub prime mortgages. Try and get quotes from as many lenders as possible so that you would be able to find the best possible deal and the lowest rates.