Bad credit mortgage – Move Forward with your Finances

It can be hard to move forward with your life if you feel chained down by bad credit, but a bad credit mortgage could help you move on.

Debt can be a debilitating thing. It can impact on your psychological outlook as well as your physical well being. Money troubles affect whether or not you can go on holiday, live a decent lifestyle and where you can afford to live. It’s increasingly difficult to get on the property ladder, and there are areas in the UK where it’s prohibitively expensive. But just because you’ve had debt problems or a bad credit history, doesn’t mean you can’t have access to holidays, a decent lifestyle and your own property. How? With a bad credit mortgage.

Bad credit mortgage – the way forward

It’s true that some high street lenders may refuse you a mortgage or be wary of lending to people with bad credit. And although the high street is moving more towards catering for people who have debt or bad credit, in the meantime there is a specialist bad credit mortgage market that deals specifically with people who find it difficult to get a conventional mortgage.

How will a bad credit mortgage work for you?

• Property ladder – a bad credit mortgage will allow you to get your foot on the property ladder and own your own home. If you’ve had financial troubles, owning your own property can offer you stability and security as well as be a lucrative investment.
• Credit Rating – If you keep making regular bad credit mortgage repayments than over time your credit rating will improve. Meeting your debt repayments is proof to lenders that you can be trusted and this increases the possibility of being accepted for other financial products in the future.
• Affordable – The bad credit mortgage has boomed in recent years as more and more people struggle with debt. This is good news for you, as it means there are more products than ever on the bad credit mortgage market, making it more competitive. Interest rates may be only slightly higher than the general mortgage market.

How to get a bad credit mortgage

If you are interested in obtaining a bad credit mortgage, you can make an appointment with a bad credit mortgage consultant. Contact a qualified mortgage specialists regulated by the Financial Services Authority, and you’ll be able to get impartial and fair advice on which bad credit mortgage is right for you. You too can be a property owner and move forward with your finances.

See the latest mortgage news here: http://www.thisismoney.co.uk/money/mortgageshome/article-2145665/Mortgage-rates-set-rise-euro-crisis-pushes-banks-borrowing-costs.html?ito=feeds-newsxml

Property Development Finance – Home and Away

Property development finance can be difficult to secure, but as the global credit crunch hits, now’s the time to invest.

Buy when times are tough. It may sound paradoxical. The property market is faltering all over the world as consumers take nervous baby steps into 2008, thanks to the notorious ‘credit crunch’. But in fact, it’s the credit crunch that is resulting in a whopping increase in repossessions and auctions across the UK. If you want property development finance to turn a repossessed house into a must-have home, you need to contact the experts.

Swift Finance specialise in property development finance

As times are hard however, you might find your high street bank turns your request for property development finance down. Mainstream lenders are reluctant to take risks, especially with those who have a bad credit history. If you’re looking to secure property development finance, a dedicated broker can help find you choose the best option and even secure 100% funding of development projects. Whether you want to refurbish a repossessed property or complete your own Grand Design from scratch, you can find property development finance to suit your needs.

Home and Away – Finding the perfect property

As well as opportunities in the UK, property development is booming abroad. As the Office for National Statistics revealed this year, more Brits are emigrating than ever before thanks to the high cost of living and dreary weather. If you’re looking for property development finance, it makes sense to research the up and coming countries, to find out which are ready to take-off.

Property Development Finance – Act Fast

A new budget airline route could be enough to prompt a flurry of property investors. But you need to ensure your property development finance is in tact so you can act fast to bag a bargain. Some of the property hotspots in 2008 include Transylvania. A short hop from Luton airport, there are 11 budget airlines featuring 29 new routes to the medieval delights of the country. Add to the ease of travel low cost property ripe for refurbishment, and Transylvania joins other European up and coming countries such as Romania. Tourism, business prospects, a stable political state and EU accession are all tick boxes to check, alongside cheap travel and ease of access when it comes to securing property development finance.

For business related advice contact EBC's financial planning services today.