"Starting to feel there's a light at the end of the tunnel, thank you"
Mr G., Oakwood, Derby
A CCJ Certificate of Satisfaction (or Satisfaction Certificate) will be issued to you when you have settled your indebtedness in respect of a County Court Judgement (CCJ), on payment of a £10.00 fee.
Read on for the lowdown on the CCJ Certificate of Satisfaction, and what it means, and how we may be able to help with a mortgage or remortgage even if you have a CCJ, or CCJs, whether they are satisfied or unsatisfied.
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So a CCJ Certificate of Satisfaction is issued to a person who has CCJs registered against them upon settling their debts with regards to a County Court Judgement and payment of a £10.00 fee.
The CCJ Certificate of Satisfaction can be used to evidence that the debt is fully paid and settled, as your credit file will not show the transaction as being "satisfied". Once you are in receipt of the Certificate of Satisfaction, you can apply to have your credit file amended to note that that particular debt has been "satisfied".
If a CCJ is registered against you, it can have a serious impact on obtaining mortgage and credit facilities for years ahead! Even though you may have obtained a Certificate of Satisfaction, your credit file will still show the registration of the CCJ, although on application to the credit reference agency, it will now be shown as being "Satisfied". The CCJ entry remains on your file for 6 years from the date of registration of the CCJ.
Yes it could! And so, you may require specialist help!
If you do have a CCJ registered against you, the chances are you may have already experienced problems in obtaining finance such as credit cards, HP or a bank loan. As part of their credit assessment, financial institutions will take into account any adverse credit history that you may have.
Here at Shire Direct we appreciate that many of us will encounter some form of debt problem, and often through no fault of our own. An accident, illness, redundancy, and partnership breakdowns can all play havoc with our budgetary finances.
That's why we've developed a range of specialist lenders who base their decisions on your ability to pay based on your current and future strengths, rather than past difficulties. That's why it really is important to seek the advice of a specialist professional mortgage broker like Shire Direct.
So if you need a mortgage, but you've got a CCJ, be it satisfied or unsatisfied, please don't hesitate to give us a call. We'll carefully evaluate your circumstances together with your needs and requirements in a bid to ensure we come up with the most appropriate solution for you! We will of course provide you with honest advice and a recommendation that is geared to your specific needs. Advice and service always come first at Shire Direct!
People are often refused a mortgage because of past credit problems such as CCJ's, but over the years Shire Direct have gained an enviable reputation for being leading professional mortgage advisors, and we consider our success has come about because we take a common sense approach to our customers needs and aspirations. You'll find that we're not judgemental, and realise that people do encounter occasional difficulties when it comes to their finances, so you can be assured of a sympathetic ear! That's why we have a track record in successfully arranging mortgages, which others often reject!
Our job is to find the most suitable mortgage for you - whatever your circumstances!
So, if you think you may have CCJs, whether they're satisfied or not, or any other credit difficulty, just speak with one of our professionally qualified Mortgage Advisors. We think you will find our approach to be both friendly and helpful, and certainly not judgemental.
We have an extensive range of special schemes designed to assist in even the trickiest of circumstances, whether it be because of County Court Judgements, Credit Defaults, Arrears, an Individual Voluntary Arrangement or even bankruptcy. Naturally we'd love to help!
So for further advice or information, please don't hesitate to call us in confidence on our Freephone line 08000 282 281, our lines are open until 10.00pm including weekends, and the call is FREE. Or you can also enquire online if you prefer.
Well, we hope we've managed to provide you with some insight into the CCJ Certificate of Satisfaction, and that having a CCJ, be it satisfied or unsatisfied is not necessarily the end of the road when it comes to getting a mortgage or remortgage. Don't forget there is a wealth of information throughout the hundreds of pages on our site which we think you may find useful, and if ever you feel we can help with a mortgage or remortgage, then please feel free to get in touch!
The overall cost for comparison is 9.8% APR.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration. APR variable and based on a usual case. Most customers are likely to receive a lower rate or the same rate as our overall cost for comparison rate - learn more about APR.
There are no upfront broker fees.
However, a fee may be charged on successful completion. An indication is that on conforming cases (straightforward applications with no or minimal adverse credit) a fee may be charged of up to 1% of the amount advanced, typically £795 and will depend on your circumstances.
For non-conforming cases (where case research and processing may be more complex due to adverse credit or unusual circumstances), a fee may be charged of up to 3% of the amount advanced, typically £1,995.
THINK CAREFULLY BEFORE
SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED
IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Adding existing debt to your mortgage will increase the repayment term and overall cost.
Are you worried and becoming stressed because you are having problems getting a mortgage or remortgage? Worry and stress no more! Here at Shire Direct we provide tailor made mortgage solutions to suit you, and can usually help with all kinds of circumstances including...
Remember, we're here to help, and would love to hear from you!
Over £2,000 worth of Argos Vouchers to be won in the Shire Direct Grand Prize Draw 2008! Terms and conditions apply - please read article for full details.
Shire Direct and Shire Direct Mortgages are trading styles of Shire Processing Centre Limited which is
Authorised and regulated by the Financial Services Authority in respect of regulated mortgage products and general insurances.
Registered No: 302389. Commercial funding and Secured Loans are not regulated by the FSA.
Licensed Credit Brokers. Consumer Credit Licence Number: 349999.
Shire Processing Centre Limited is registered under the provisions of the Data Protection Act by the Information Commissioners Office: Registration No: Z6795249. Registered in England & Wales. Company number: 2732202. Telephone calls may be recorded for training, monitoring and security purposes. All applicants must be aged 18-years or over.
