Can I remove a CCJ from my credit file in Durham?

When you receive a County Court Judgment (CCJ), it is crucial to repay the outstanding amount within a specified timeframe to ensure its removal from your credit report. Resolving the balance within 30 days enables the court to eliminate the CCJ from your credit file through the registry. However, if the payment is not made, the CCJ will remain on your credit report for a duration of six years.

When should debt consolidation in Durham be considered?

In Durham, a significant number of homeowners choose to remortgage their properties to access the equity they have accumulated. There are various reasons why you might require additional funds, such as financing home improvements or providing support to a family member in their property ventures. If you find yourself facing financial difficulties and have exhausted all other options, considering debt consolidation in Durham could be a viable solution. While it is a decision that carries risks and should be approached with caution, remortgaging to release equity for debt consolidation purposes can help you consolidate your monthly expenses into a more manageable payment. At Durhammoneyman, we are committed to providing clear and transparent mortgage advice in Durham. Our team will thoroughly evaluate your circumstances and assist you in determining whether debt consolidation is the most suitable option for your needs. You should think carefully before securing other debts against your home. By adding your unsecured debt to your mortgage, which is secured on your home, you may endanger your home if you can’t make the necessary repayments. Although the total monthly cost of servicing your debt may have been reduced, the total repayment cost may still have increased because the duration of your mortgage is longer than it may have taken to repay the original debts.

Do you require a specialist mortgage advisor in Durham?

At Durhammoneyman, we have a team of expert mortgage advisors in Durham who have access to an extensive range of specialist deals. Each lender has their own unique criteria for mortgage lending, and our aim is to identify the most suitable deal for your specific personal and financial circumstances. If you have concerns about your credit score, it is advisable to obtain an updated copy of your credit report. This information will prove valuable during your complimentary initial mortgage appointment, as it enables us to gain a deeper understanding of your situation and explore various ways to assist you in achieving your mortgage objectives. With a commitment to providing clear and transparent mortgage advice in Durham, we will carefully review your circumstances and help you determine if debt consolidation in Durham is the most appropriate choice for you.

Complex Mortgage Situation in Durham?

We have successfully assisted numerous customers who faced last-minute rejections from high street banks due to the perceived complexity of their applications. It is unfortunately not uncommon for applicants to invest weeks in the mortgage application process, only to be rejected for reasons that should have been identified by the bank’s mortgage advisor at the outset. This frustrating situation results in wasted time, money, and heightened stress. Without a clear understanding of the lending criteria prior to submitting your application, you risk compromising your chances of mortgage approval. In certain circumstances, the process can indeed be complex. We want to assure you that we possess extensive experience in dealing with clients facing similarly “complex” situations, and we would be delighted to assist you. To speak with a mortgage advisor in Durham, you can easily book your free initial mortgage appointment online or contact us via phone.

Specialist Mortgage Advice in Durham

We look at solutions for specialist mortgages in Durham for complex situations.

In the event that your mortgage application has been rejected by your bank or building society, it signifies that you do not meet their lending criteria, even if you possess the necessary documentation and can demonstrate your ability to afford the mortgage payments.

We understand that no homebuyer desires to have their application turned down. That’s why, at Durhammoneyman, our dedicated team of mortgage advisor in Durham is committed to investing the necessary time to comprehend your goals and strive to locate the most appropriate mortgage option that suits your specific circumstances.

Our service may benefit you when looking for specialist mortgage advice in Durham.

Our extensive network of mortgage lenders provides a diverse range of options tailored to meet the unique needs of different homebuyers and their mortgage situations.

When you have specific objectives that require a more intricate approach, having the support of a specialised mortgage broker in Durham can greatly benefit you. We are dedicated to thoroughly exploring thousands of available deals in order to identify the most fitting mortgage solution for your specific circumstances.

What is bad credit for a mortgage in Durham?

Effectively managing your finances can present difficulties, as late payments possess the potential to negatively impact your credit score. This, in turn, can lead to a less favourable credit rating, especially when seeking a mortgage in Durham. The extent of the impact on your score hinges on the quantity and nature of the missed payments.

Speak to an Advisor

Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.

FAQs for Specialist Mortgages in Durham

Our Customers Love Us

5.00 Rating22 Reviews

Graeme

Malcolm gave excellent advise and helped us through the first time buyer process!

3 weeks ago

Kayleigh

Very good, very helpful and always on the ball. Answer calls outside of normal working hours which was helpful, sent lots of prompting emails to guide us.

5 months ago

Anonymous

I don't think I've written one of these before so hopefully that will mean some weight gets attached to this. Leo was an outstanding mortgage broker and smoothly secured me an offer of a mortgage, after years of aspiring to buy a house. This was...

9 months ago

Jenni

Malcolm and his team were nothing short if amazing helping guide us through somewhat tricky process of buying our home. They were friendly, patient and efficient and deserve more than a five star rating. Thank you again to Malcolm and his team.

11 months ago

Joanne

Malcom, was professional and helped sercure the best mortagage deal for us. We were apprehensive about using a mortage broker as we had never used this kind of service before, but Malcom and the team made it so easy from start to finish,friendly...

1 year ago

Fiona

Very good service from Dinah. Very helpful and no pressure sales. Felt confident I got the best advice for my circumstances.

1 year ago

Katie

We could not recommend UK money man enough for helping us obtain a mortgage. As first time buyers we went into the process clueless, Malcolm and the team have been absolutely amazing. Their communication and expertise has been second to none. The...

1 year ago

Mr Darren

An amazing service from some amazing people. They where with me from start to finish and the support, guidance and advice they gave me was brilliant. I would happily recomend Durhammoneyman. Thank you to all who where involved in my case.

1 year ago

Anonymous

Great service! Very informative and responsive. Made the process for a first time buyer straight forward and went smoothly

1 year ago

Duncan

Professional all the way. Excellent advice from Wayne followed by excellent administration by Anna to complete the transaction. Would recommend.

2 years ago

Martin

Excellent Staff and Service, I would definitely use them again They were very helpful all through the process of my remortgage providing me with the best deal and assisting with any issues or concerns i had, very prompt on replies to my calls and...

3 years ago

Kayleigh

Joe and Chloe have been so helpful sorting out our remortgage. They did all the hard work. I would highly recommend Durham Money Man to anyone! Fab job guys!

3 years ago

Karen

Was very professional and very helpful.

4 years ago

Anonymous

We are very pleased with the service we received. Everything was very simple and the mortgage brokers done everything for us. The mortgage deal they found was significantly less than any we could find ourselves, so it's worth paying the broker fee...

4 years ago

Niall

Fantastic service! Amazing advice and guidance throughout my mortgage application. Would recommend Durhammoneyman to anyone!

4 years ago

Sarah

Durhammoneyman have been an absolute lifesaver in helping me to get a mortgage. Their support, advice and assistance throughout the process has been above and beyond what I could have expected. Without them I would not have been able to navigate...

5 years ago

Donna

I cannot fault the service I have received from Leo, Wendy and the team. They have made a potentially stressful process very easy, offering support and guidance throughout. I would recommend this team to anyone in need of mortgage advice. Thank...

5 years ago

Sandra

Matt was first of all hugely understanding and quite reassuring in what I knew would prove a difficult task! Under 2 years self employment history, trying to gain a second family home without selling the first and possessing a buy to let which also...

5 years ago

Louis

I had a complex situation and I was nervous about the whole thing. Chris worked his magic and got me a mortgage offer within 2 weeks. I was amazed. Working full time I found the evening appointments terrific.

6 years ago

Michelle

Thank you to Laura and Matt who worked seamlessly to get my remortgage offered. I’m really happy with my new deal, much better rate than what my bank were offering.

6 years ago

Our Simple Mortgage Process

Free Initial Mortgage Appointment

Are you currently facing challenges related to your mortgage and seeking guidance from a trusted mortgage advisor in Durham? We understand your concerns and are here to provide the assistance you need to achieve your goals.

During your complimentary mortgage appointment with our knowledgeable mortgage advisor in Durham, we will carefully gather details about your income and expenses to accurately assess your affordability.

We Can Search 1000s of Mortgage Deals

While certain circumstances may impose limitations, we are committed to thoroughly exploring thousands of available deals to find the most suitable solution for you.

Our next step is to obtain an agreement in principle, which can serve as valuable support for any purchase offers you decide to make.

Submit Your Mortgage Application

Once your purchase offer is accepted, our dedicated mortgage advisor in Durham will diligently handle the submission of your complete mortgage application, along with all the necessary supporting documents.

Throughout the process, you will be assigned a dedicated case manager who will keep you well-informed until you receive your mortgage offer and successfully complete your property purchase.

Protecting You and Your Mortgage

Our service goes beyond securing the most favorable deal for you. We also offer valuable advice on relevant insurance policies to provide essential financial protection for you and your loved ones.

When your mortgage is due for renewal, we will proactively reach out to ensure that you are still benefiting from the most advantageous deals available.

Reasons to Choose us

Free Initial Mortgage Appointment

If you have any concerns about your credit score, we highly recommend obtaining an up-to-date credit report to gain a better understanding of your current credit position.

During your complimentary initial mortgage appointment, your personal credit report will be incredibly valuable as it provides us with comprehensive information about you, your goals, and the most suitable path to finding the most suitable mortgage deal for you.

1000s of Deals

One of the advantages of choosing us as your mortgage broker in Durham is our access to a wide variety of specialist mortgage lenders on our panel. Each lender has their own specific lending criteria, and we are adept at matching our customers with the most suitable options.

Our team of expert mortgage advisors in Durham leverages their knowledge and experience gained over many years in the mortgage industry to recommend the most suitable deal for each customer’s unique situation and eligibility.

Our Service

We prioritize our customers and always put their interests first. We strive to keep them well-informed and supported throughout the entire process, offering the best service possible and addressing any questions they may have.

7 Days a Week

As a company that takes pride in providing fast, friendly, clear, and straightforward mortgage advice in Durham, we will be with you every step of your mortgage journey. Book your free initial mortgage appointment today, and let us show you how we can assist you.

Malcolm and Amy Davidson - Mortgage Advice in Newcastle

We Search 1000s of Specialist Mortgage Deals in Durham

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Durhammoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.

UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.

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