Expert Help if You’ve Missed Mortgage Payments in Liverpool
If you’ve missed a mortgage payment or are concerned about your financial position, you are certainly not alone. Many homeowners in Liverpool experience financial ups and downs, and a missed mortgage payment can be unsettling. Here at CRC Mortgages, our skilled and approachable mortgage brokers in Liverpool understand your situation and are here to assist you through every step of the way. Our role is to help you find practical options and appropriate mortgage products tailored specifically to your circumstances.
Understanding Missed Mortgage Payments
A missed mortgage payment can have implications for your finances and your credit profile, but it does not have to mean the end of your homeownership dream. Life occasionally throws unexpected challenges at us—job loss, illness, relationship breakdowns or financial struggles—which can make meeting mortgage repayments difficult. At CRC Mortgages, we never judge; instead, we listen carefully, understand thoroughly, and provide straightforward advice to help you regain control of your mortgage situation.
YOUR HOME/PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBT SECURED ON IT
The FCA does not regulate some forms of Buy to Lets. Think carefully before securing other debts against your home/property.
There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £449 to £699 and this will be discussed and agreed with you at the earliest opportunity.
If you would like to speak with an adviser,
please contact us below.
Remortgaging After Missed Payments Liverpool
Depending on your individual circumstances, remortgaging could be a viable solution to address missed mortgage payments. Our Liverpool-based mortgage brokers have extensive experience dealing with lenders who offer suitable mortgage solutions to those with less-than-perfect credit histories. We will help research lenders and mortgage products that accommodate applicants with recent credit issues, maximising your chances of obtaining mortgage approval as far as possible.
It’s important to understand that remortgaging after missed payments can sometimes lead to higher interest rates or more restrictive lending criteria. Our role is to thoroughly assess your circumstances, clearly explain available mortgage options, and help you select a remortgage product suitable for your needs and affordability.
How Our Mortgage Advisors in Liverpool Can Help
At CRC Mortgages, our friendly and knowledgeable mortgage advisors are dedicated to supporting Liverpool homeowners who may have experienced financial difficulties. We will clearly evaluate your current situation, including any missed mortgage payments, credit score issues, and income changes, and then carefully explain options available to you. Our advisers have direct experience and understanding of how different lenders evaluate missed payments, and we will help match you to lenders whose criteria are more aligned with your circumstances.
We will also help guide you through the application process from start to finish, assisting you as fully as possible at every stage. Our advisors work diligently to minimise paperwork pitfalls and mortgage delays, helping ensure you secure financing as promptly as possible.
Why Choose Our Mortgage Brokers Liverpool?
Choosing a local, Liverpool-focused mortgage broker can make the difference when navigating missed mortgage payment scenarios. At CRC Mortgages, our brokers have valuable local knowledge combined with extensive experience. We pride ourselves on providing clear, honest, and practical advice tailored specifically to each client’s individual situation.
We understand that missed payments can feel worrying and overwhelming. That’s why our advisors approach each case with empathy, understanding and discretion. We prioritise clear communication, taking the time needed to answer all your questions and guiding you step-by-step until an appropriate mortgage solution is found.
Frequently Asked Questions
Can I Remortgage if I’ve Missed Mortgage Payments?
Yes, it is often possible. Many lenders evaluate borrowers on individual circumstances. While options may be more limited, our Liverpool mortgage brokers will help you locate lenders suited to your credit profile and negotiate appropriate deals based on your circumstances.
How Long Does a Missed Mortgage Payment Affect My Credit Score?
A missed mortgage payment usually remains visible on your credit record for six years. However, its negative impact decreases over time, especially if you demonstrate consistent repayments going forward.
What Steps Should I take if I Miss a Mortgage Payment?
If you miss a payment, communicate with your lender immediately. Transparency and early communication can prevent further implications. Seeking advice from a dedicated broker, such as our team at CRC Mortgages Liverpool, can be helpful in understanding your next steps clearly.
Are There Mortgage Products Specifically for People with Missed Payments?
Yes, some lenders offer mortgage products specifically designed for borrowers with previous missed payments or credit issues. Interest rates and terms can vary, so our brokers will help you carefully assess each option available to you.
Contact CRC Mortgages in Liverpool Today
If you’ve missed mortgage payments and need clear, approachable mortgage advice tailored specifically to your circumstances, our Liverpool-based mortgage brokers at CRC Mortgages are here to help. Contact us today to discuss your options with confidence.