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.
