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Getting a mortgage if you have a CCJ


Getting a mortgage if you have a CCJ

A poor credit score can be as a result of a lot of factors like late repayments on cards, missed loan repayments, and lack of credit history which can also affect your chances of securing a mortgage because lenders will not be able to rate your credit worthiness ad ascertain how much of a risk you would be to them. One of the things that do a lot of damage to your credit is County Court Judgement (CCJ). A County Court Judgement refers to a court order made in England, Northern Ireland or Wales which can be registered against you when you fail to make repayments as agreed.  County Court Judgements can be given against companies and individuals.

However, before your lender gets to this stage, he must have sent you a lot of mails warning you, that if you do not repay he will take legal actions. If a County Court Judgement is issued to you, ensure you respond immediately and you can detail out your financial circumstances, and this will be considered when a judgement is being passed. You might be ordered to pay in full immediately if you do not explain well.

When the court makes a decision that you have to pay, a judgement which shows how much you owe, how much you have to repay, the deadline for payment and who you have to pay will be sent out to you. If at this point you pay the money in full, while including the court fees and interest, you can avoid having a County Court Judgement recorded against you, but if you do not, it will be registered in the Register of Judgements, Orders and Fines and this will reflect in your credit record.

Some people think a County Court Judgement will stay in credit report forever. However, County Court Judgements expire in six years. All bad records will be removed from your record after some time, so you do not have to worry. County Court Judgements can affect your credit score negatively as credit references agencies collect information from different sources about how people manage their debt payments and credit and this information is made available to lenders as it helps them make decisions on who to lend to and who not to.

There are two main information they gather and these are public information and Credit account information. Public information refers to debt relief orders, bankruptcies, administration orders and individual voluntary arrangements (IVAs) as well as information held on theRegister of Judgments, Orders and Fines and electoral roll.

Credit account information refers to the amount people owe the different lenders they have accounts with, and how they manage those accounts. County Court Judgments are seen under Public information and whenever you apply for a mortgage, lenders will access those information and use them to determine your credit worthiness.


You canmake a one-off payment of $4 andaccess the Register of Judgments, Orders and Fines and do a County Court Judgement check against your name as well as check the information lenders have on you, this can help you know why you were refused a mortgage. Although most times, people receive a notification from the court which outlines the details.

You can still get a mortgage even with a CCJ on your file. There are other things that can affect the lender’s decision and they include:

How recently the County Court Judgement was registered- This have a big impact on the lender’s decision. If it was done about four years ago, your chances of getting a mortgage will be higher than when it was done about a year ago. You also need to have a good amount of deposit even if it was done recently.

The number of County Court Judgements:Having more than one lowers your chances. Lenders do not want to see more than one CCJ on your record. Although you might still be able to get a loan but expect to get a lower LTV.

How much the County Court Judgement was for:Some lenders put this into consideration while considering your mortgage application. They have rules on the value of CCJ that have an impact on their LTV ratio.

How long the CCJ has lasted:If it has lasted for about a year, you will be considered for 85% LTV mortgage (maximum of £1,000), if it is within 12-24 months, it will be a maximum of £2500 with 85% LTV mortgage.

For people with County Court Judgements on their record, they are not allowed to borrow more than a certain amount and the interest rates and fees might be high.[/vc_column_text][/vc_column][/vc_row][vc_row el_class=”seo-link-sec”][vc_column][vc_empty_space height=”50px”][vc_column_text][slick-slider category=”28″ design=”design-5″ speed=”2000″][/vc_column_text][/vc_column][/vc_row][vc_row el_class=”call-out-sec stretch-sec” css=”.vc_custom_1568018042545{background: rgba(0,0,0,0.88) url( !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;*background-color: rgb(0,0,0) !important;}”][vc_column][vc_column_text]

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Based on our research, the content contained in this article is accurate as of most recent time of writing. Lender criteria and policies change regularly so speak to one of our Independent Mortgage Brokers to confirm the most accurate up to date information. The information on the site is not tailored advice to each individual reader, and as such does not constitute financial advice. All advisers working for or with Independent Mortgage Brokers are fully qualified to provide mortgage advice and authorised and regulated by the Financial Conduct Authority. All our independent Mortgage Brokers will offer advice specific to you and your needs and circumstances. Some types of buy to let mortgages are not regulated by the FCA. Think carefully before securing other debts against your home. As a mortgage is secured against your home, it may be repossessed if you do not keep up with repayments on your mortgage. Equity released from your home will also be secured against it.

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