Are you in financial difficulty? Do you have a bad credit history and struggle to make ends meet? Have you fallen behind on payments for your other loans?
If you can answer yes to any of the above then you might be eligible for a Bad Debt Mortgage. Depending on your financial circumstances, we could be able to help you get accepted for a Bad Debt Mortgage - even if you have arrears or CCJs.
You might want to use your Bad Debt Mortgage to consolidate all your existing unsecured debt. This should leave you with just one low payment, and at a much better interest rate. The interest rate of your Bad Debt Mortgage will be dependant on your personal circumstances.
UK Debt Consolidation Loan can offer you free advice about a Bad Debt Mortgage. Call free today on 0808 131 9106.
LOANS MAY BE SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
UkDebtConsolidationLoan.com is a trading name of Ask Finance Ltd which is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.