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Bankruptcy & IVA 
UK lenders will offer tailored products to those with low credit ratings, known as sub prime or non conforming mortgages. The term sub-prime covers a wide range of possible situations, including defaults, mortgage arrears and IVAs (individual voluntary arrangements). There are now many lenders who will even consider offering a mortgage after bankruptcy. In fact, whatever your situation, it is always worth contacting us to check what may be available.

For each situation, sub prime lenders have specific criteria which must be met, such as the number of years that a bankruptcy must have been satisfied, and these vary widely from lender to lender; as the sub prime market has become so competitive over the last few years it is imperative that you make sure you are being given the best possible advice.

Once you have given us the details of your situation we will source the sub prime market from our wide range of sub prime mortgage lenders. Our substantial experience in the sub prime market will help ensure that you get the most competitive mortgage available under your circumstances.

OVERALL COST FOR COMPARISON IS 9.2% APR - ACTUAL RATE AVAILABLE WILL DEPEND UPON YOUR CIRCUMSTANCES. PLEASE ASK FOR A PERSONALISED ILLUSTRATION. RATE CORRECT AS OF 28/03/2008.

 

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We normally do not charge a fee for mortgage advice however a fee paying option is available. Our typical fee is 1.5% of the loan to be arranged although the actual fee will depend upon your circumstances and may be lower. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Professional Mortgage Services is an Appointed Representative of Personal Touch Financial Services Ltd, which is authorised and regulated by the Financial Services Authority (FSA).

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