Mortgage Broker in Lincoln

Taylor Made Mortgages

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SELECTING AN ADVISER is an important decision. You want an experienced Mortgage Adviser that is suitably qualified to serve all your needs, yet can also provide individual attention and take time to answer your questions. We believe you want a relaxed atmosphere with a friendly approach and with that in mind we offer appointments at a time and place to suit you, including evenings and weekends.

ESTABLISHED IN 1990, Taylor Made Mortgages combines a wide range of INDEPENDENT financial services with a client-centred philosophy.

With around 20,000 mortgages to choose from, it is important to find the mortgage that best suits your circumstances and expectations. Remember... YOUR HOME MAYBE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Therefore, your choice of Mortgage Adviser is as important as your choice of property.

FIRST TIME BUYERS - We will take time to provide you with careful "Plain English" mortgage advice which we will ensure that you understand. We have no objection to you wanting your Parents, Guardians or a Friend present to help with the understanding and ask questions.

WE WILL HELP YOU through the process step-by-step, working out how much you can afford to borrow, what monthly repayments you may expect, and which type of mortgage may be most suitable to you.

Many people these days have a bad credit mortgage rating, often due to circumstances beyond their control. You may need a bad credit mortgage (also known as impaired credit mortgages, or sub-prime mortgages) if you have been declared bankrupt in the past, have fallen into arrears on a mortgage or suffered other debt problems. Or you may simply have a CCJ (County Court Judgement) against your name, due to non-payment of a utility bill, for example, which may necessitate a bad credit mortgage when you come to buy a property.

Fortunately, it is still easy to find a mortgage lender for bad credit these days. Whereas in the past just a handful of specialist bad credit mortgage lenders catered for this section of the market, now almost every bank or building society has a division specialising in bad credit mortgages (also known as non-conforming or credit-averse mortgages).

The downside is that you may have to pay a slightly higher interest rate than you would otherwise be charged for a regular mortgage.

But the good news is that a full range of fixed, capped, discounted, tracker and flexible bad credit mortgages and bad credit remortgages should be available to you.

As there is a wide range of bad credit mortgage lenders available, it is more important than ever to shop around for a deal and a rate that suits you, and thats where Taylor Made Mortgages can help.

If you have a bad credit rating, if your requirements are out of the ordinary or if you are self-employed you may fall into this category. You may have a bad credit rating if you have experienced bankruptcy or mortgage arrears in the past. But you may also have a bad credit rating if you have never had a bank account or if you have lived at lots of differerent addresses, or simply have a County Court Judgement (CCJ).

Usually, once you have been with a sub prime lender for three years, as long as you keep up your mortgage payments you will have established a new credit rating and can return to the mainstream market with a new deal at a lower rate. Non-standard sub prime borrowers may also be referred to as ´sub-prime´, ´complex prime´ and ´credit impaired´.

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