Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Mortgage Glossary
- Mortgage Glossary Choices:
- 100% mortgage
- Arrears
- Buy to let
- County Court Judgements
- Defaults
- First time buyer
- Flexible mortgages
- Individual Voluntary Arrangements
- Keyworker mortgages
- Let to buy
- Non status
- No deposit mortgage
- No proof of income
- Self build
- Self certification
- Self employed mortgage
- Underpayment
IVA's
People of all ages and in all sorts of circumstances get into debt for various reasons.
Unexpected events such as job losses, illness, business failure and divorce can all result in financial problems. An Individual Voluntary Arrangement is an alternative to bankruptcy.
Some mortgage lenders are now taking a more relaxed view on people who have credit problems. Quite often mortgages will be given at either standard rates and sometimes even discounted rates.