New Start Financial Services is a mortgage brokerage firm who specialises in hard to place mortgages such as mortgages for self-employed, mortgages with CCJ or IVA as well as mortgages with other financially challenging situations. New Start Financial Services is part of the Quilter Financial Planning Network, which can provide access to some exclusive mortgage products that are not generally available to the public.
Services
It can seem that bad credit mortgages are an impossible to get but this is not the case - New Start Financial Services helps to arrange these mortgages daily.
After the 2008 'credit crunch', specialist lenders almost disappeared and with them bad credit mortgages.
Fortunately, there has been a slow return of specialist lenders and it is now possible to get a mortgage with a bad credit rating, even if you have been discharged from bankruptcy.
Mortgage loans for bad credit borrowers do definitely exist - but you are unlikely to find the right solution on the High Street.
After the 2008 'credit crunch', specialist lenders almost disappeared and with them bad credit mortgages.
Fortunately, there has been a slow return of specialist lenders and it is now possible to get a mortgage with a bad credit rating, even if you have been discharged from bankruptcy.
Mortgage loans for bad credit borrowers do definitely exist - but you are unlikely to find the right solution on the High Street.
Specific self-employed mortgages do not exist though sometimes if you are self-employed, a contractor or a director of a limited company it might feel like Lenders don't understand your situation, but New Start Financial Services helps to arrange self-employed mortgages daily.
The self-employed make up 15%* of the employment market, playing an important role in driving economic growth, vital during these times of uncertainty, as we continue our journey through Brexit.
But these go-getters are often wrongly rejected by mainstream lenders when they are seeking a mortgage.
The self-employed make up 15%* of the employment market, playing an important role in driving economic growth, vital during these times of uncertainty, as we continue our journey through Brexit.
But these go-getters are often wrongly rejected by mainstream lenders when they are seeking a mortgage.
Yes, a mortgage after bankruptcy is possible and New Start Financial Services helps to arrange these mortgages daily.
Even though the "sub-prime" mortgage sector almost closed following the financial crisis in 2007-08, it is now again possible to find a lender if you were previously bankrupt even as recently as a day ago.
There are specialist lenders that in the right circumstances and with the required deposit will consider your application.
Insolvency Law means that you will not be able to obtain a mortgage until you are discharged, but once finalised you are free to apply, though obtaining a mortgage after bankruptcy has a lot to do with time passed.
Even though the "sub-prime" mortgage sector almost closed following the financial crisis in 2007-08, it is now again possible to find a lender if you were previously bankrupt even as recently as a day ago.
There are specialist lenders that in the right circumstances and with the required deposit will consider your application.
Insolvency Law means that you will not be able to obtain a mortgage until you are discharged, but once finalised you are free to apply, though obtaining a mortgage after bankruptcy has a lot to do with time passed.
An IVA (Individual Voluntary Arrangement) is an agreement to pay back your creditors over typically a five-year period.
If you have been late or had missed payments, and you are struggling to meet the repayment terms, you can apply for an Individual Voluntary Arrangement to an insolvency practitioner (IP) - an agreement with your creditors to pay all or part of your debts.
You agree to make regular payments to an insolvency practitioner, who will divide this money between your creditors.
With an IVA you put forward an offer of payments on your debts to your creditors.
If you have been late or had missed payments, and you are struggling to meet the repayment terms, you can apply for an Individual Voluntary Arrangement to an insolvency practitioner (IP) - an agreement with your creditors to pay all or part of your debts.
You agree to make regular payments to an insolvency practitioner, who will divide this money between your creditors.
With an IVA you put forward an offer of payments on your debts to your creditors.
Yes, you can still apply for a mortgage with payday loans and New Start Financial Services helps to arrange these mortgages.
Payday loans have caused a great deal of controversy and are often cited as the reason for consumers getting into considerable amounts of debt.
Taking out a payday loan could limit your choice of mortgages, even if you pay it off in full and on time.
Many lenders would interpret a payday loan as evidence of being overstretched and are often reluctant to lend.
This is because they view resorting to such loans with very high rates of APR % as a sign that borrowers are under pressure.
Payday loans have caused a great deal of controversy and are often cited as the reason for consumers getting into considerable amounts of debt.
Taking out a payday loan could limit your choice of mortgages, even if you pay it off in full and on time.
Many lenders would interpret a payday loan as evidence of being overstretched and are often reluctant to lend.
This is because they view resorting to such loans with very high rates of APR % as a sign that borrowers are under pressure.
Reviews
Be the first to review New Start Financial.
Write a Review
