Who are Mortgages PLC and what do Mortgages PLC do? Mortgages plc are a specialist
lender, and Mortgages PLC can help those people who don't quite fit into the borrowing requirements of a traditional High Street bank or building society.
It is estimated that approximately 20% of the UK workforce fall into this
group, so our market is bigger than you might think! Mortgages PLC have a
range of products suitable for those people who have difficulty getting a
mortgage. This may be for any number of reasons related to the ir past or present
financial circumstances, and often through no fault of the ir own.
Mortgages PLC can typically help people who find the mselves in any of the following situations: problems repaying credit cards, loans or othe r finance
With so many credit cards, storecards, and personal loans now available to
people in the UK, it is not surprising that more and more people find the mselves
with a 'black mark' against the ir name. This may be because of a simple oversight
such as forgetting to inform the company of a change of address, or it may
be a result of someone borrowing more than the y could afford. Mortgages plc
has a range of mortgages that are designed to help people with historical
credit problems Mortgages PLC don't turn people away because of the ir credit
rating. mortgage arrears, past or present People may have had difficulty paying
the ir mortgage for any number of reasons, but borrowers with a history of
mortgage arrears will find it difficult to get a mortgage from High Street
lenders.
Mortgages plc's products cater for borrowers with mortgage arrears, past or
present. Every case is looked at individually, and our highly trained mortgage
underwriters make an assessment of the borrower's willingness and ability
to pay. exbankrupts A history of bankruptcy can be a major obstacle when
trying to get a mortgage. This is because ex bankrupts are seen to be higher
risk than othe r borrowers. Mortgages plc recognise that a history of bankruptcy
is not necessarily an indication of a borrower's ability to pay the ir mortgage.
Our products are available to exbankrupts. divorce, redundancy, long term
sickness Unforeseeable situations such as divorce, redundancy and long term
sickness can affect anyone at any time of life. As well as the huge emotional
impact the se situations can have on people's lives, the y often cause dramatic
alterations in financial circumstances, and can lead to difficulties getting
a mortgage. Mortgages plc are able to help people who have been through the se
types of situations and as a result have an imperfect credit history. selfemployed,
parttime and temporary workers Mortgages PLC recognise that working practices
are changing in the UK.
According to the Office of National Statistics, selfemployed, part time
and temporary workers now represent approximately 40% of the UK workforce.
Mortgages plc have a range of mortgages suitable for people who have difficulty
proving the ir income or have an irregular income.
