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What are credit crunch mortgages?
Credit Crunch mortgages what we have termed as mortgages that are designed for borrowers during the credit crunch, they are mortgages that are more desirable to the lender and have a much better chance of completing than other mortgages (such as high loan to value mortgages), there are mortgages for people from all walks of live from employed, self employed and including people with adverse credit to enable them to complete on a mortgage during these hard times.
The mortgage products mentioned within this group are mainly their for their low loan to values (such as 60 or 70%) as the lenders tend to be much more forgiving for applications with a higher deposit.
Whilst there are adverse credit, bad and poor credit mortgages available, credit crunch mortgages are a term we are using to describe mortgages that are more likely to complete during the times of the credit crunch.
In the list of mortgages for the times of the credit crunch you will find explanations for the mortgages that are more likely to complete such as self cert mortgages, residential mortgages and remortgage's and what they may offer with regards to client benefits and in real lending terms (how much can you borrow, what deposit will you need)
We have done the research for you and in our credit crunch mortgage list you will find information for he best loan to value (LTV) mortgages, the different types of mortgages available during the credit crunch and, depending on your credit rating and history the types of interest rates you can expect and what lender arrangement fees are likely to be charged.
Whilst the information is for illustration purposes only and will not be tailored to your specific needs, it should give you more information to help you feel confident about any decisions you have to make.
For a detailed, personal illustration simply complete the form at the top of this page and our consultants will call you back to discuss your requirements in person.
