Secured Loans & Mortgages
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Negative equity
When the value of your house falls to less than the mortgage you have taken out to buy it. This means that you are unable to repay your mortgage by selling the property and therefore you are unable to move.
New build home
A recently built home with no previous owners.
Non-status mortgage
Mortgages offered by lenders without any proof of previous mortgage history, proof of income. The usual maximum loan to value is around 70% and a credit check is still carried out.
Notice of default
A lender's initial action when a mortgage payment is late and attempts to reconcile the issue out of court have failed.
Great Rates Available Today On Mortgage With Adverse Credit