Non-standard or Adverse Credit mortgages are also referred to as credit impaired, bad credit, sub-prime, non-status and non-conforming mortgages. Non-standard can also apply to self-certified mortgages. These mortgages are designed for individuals that, due to their circumstances, find it difficult to obtain a standard mortgage from a high-street bank or mortgage provider. The circumstances in which an individual may need a non-standard mortgage include a poor credit history perhaps with previous bankruptcy, arrears and/or CCJs. However, there are some people that have been advised to take a non-standard mortgage at a much higher cost, when a standard mortgage could have been available. As a result of this advice, the customer incurs unnecessary additional cost and it may even lead to them being unable to keep up repayments. |
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Have you purchased a mortgage or re-mortgage at a time when your credit rating was affected, this could be due to being in a new job, a minor CCJ history (2 or 3 CCJS for a small debt) or having an irregular income? You may have felt that your options were limited and that regular mortgages were out-of-reach.
Or perhaps you took out an interest-only mortgage on the recommendation of a lender when perhaps a repayment mortgage would have been more suitable?
Have you incurred unfair charges when changing mortgages?
The ombudsman has received over 6,500 complaints in the past 12 months. If you believe that you were not given good advice when taking out your mortgage or re-mortgage or if you have incurred unfair charges, contact Credit Crunch UK. It’s easy, just call 0845 6188 525 and speak to one of our advisors or select Call Back or select Start Claim now and provide some basic details.
Are you thinking about selling your endowment policy ?
If so, contact Credit Crunch UK now and we will arrange for a quick no-obligation valuation. In some cases we are able to obtain a price of 35% above the surrender value!
All of the details needed to obtain a valuation can be found on your endowment bonus statement. If you don't have the statement don't worry, contact us and we will acquire the information on your behalf.
To request a quotation, speak to one of our advisors on 0845 6188 525 or select Request a Call Back now.
Is your endowment mortgage facing a shortfall? If so, act now! Figures released by the Financial Services Authority (FSA) estimate that over six and a half million people in the UK may face endowment shortfalls. Yet only a fraction of these people have registered a complaint and some are now time-barred (time limit in which a complaint can be considered, usually following a projected shortfall letter from your policy provider) If your endowment mortgage is projecting a shortfall, you may fall into the category of people that were mis-sold endowment mortgages. In many cases, customers were led to believe that they would be left with a lump-sum when the policy matured and were not made aware of the risks associated with an investment-linked mortgage. In other cases, an endowment policy simply wasn’t the most suitable product given a customer’s individual circumstances. In accordance with rules introduced through The Financial Services Act 1986 and the subsequent Financial Services and Markets Act 2000, Credit Crunch UK will review your circumstances and assess whether you have a case. We will also advise on the status of a potential complaint with regards to “time-barring”. However to maximise your chances of a successful complaint, it is imperative that you act now. It’s easy, just call 0845 6188 525 and speak to one of our advisors or select Call Back or select Start Claim now and provide some basic details.
Our service is a pro-active one, designed to make your life a little easier. We take away the stress and aggravation of pursuing unfair charges and mis-sold policies. No two claims are the same! A claim represented by Credit Crunch UK, is based around your individual circumstances and the laws and regulations that apply to your particular case. With Credit Crunch UK finding out how your claim is progressing couldn't be easier. We provide our customers with regular updates and a nominated claims manager who can be contacted at any time. Our service is backed by a team of specialist claims advisors and managers, with in-depth knowledge of industry regulations and laws. We only receive payment when you receive payment. So you can be confident that we will work to obtain the most favourable settlement, in the shortest possible time. 
In order to provide a high quality service to you, it is essential that we maintain professional relationships with the various regulators, banks, insurance and loan companies. We work hard to build good relationships with these organisations and don't believe in burdening them with unsound claims. Nor do we want our customers to have unrealistic expectations. Therefore, we only pursue claims that have substance. If you are unsure about the strength of your claim, just contact us. We are more than happy to talk it through with you and assess whether you have a case.
Please be assured you will not be put under any pressure from over eager sales people.
CCUK brings together legal and financial claims management expertise. We specialise in claiming compensation in relation to mis-sold Payment Protection Insurance policies (otherwise known as PPI or loan insurance). We also carry out loan-checks on loan and credit card agreements to verify if they comply with the Consumer Credit Act (CCA).
