Useful links

Further sources of information

Useful information for people with poor credit history
Advice and Books
Government websites to help you
Dealing with debt problems
Which debts to pay off first
Debts and arrears
Court claims and bankruptcy
How lenders decide how much you can borrow
Credit ratings information and agencies

---

Useful information for people with poor credit history

In the past few years a number of mortgage brokers and lenders have specialised in bad credit (adverse credit) cases.

Regency is a specialist bad credit mortgage broker and has 10 years experience in adverse credit mortgages. We will be pleased to advise you.

Below are some articles and online resources to help you manage your finances and support your decision to use a bad credit remortgages UK specialist broker.

---

Advice and Books

Money Saving Expert
Martin Lewis who is featured on TV and Radio offers practical advice, tips, guides and articles on how to save money and ultimately eliminate bad debt.

30 page Money Saving Expert Guide to Remortgaging

Global Investor Book Shop - Managing debt

The Institute of Credit Management Books on Consumer Credit

John Battle MP BBCi - Watchdog Live Chats Debt and Bad Credit Specialist

Consumer Credit Counselling Service
Not a debt consolidation service, a charity. So you aren't charged for the services. Everything is free and confidential, from budgeting advice to practical debt management plans.

---

Government websites to help you

Managing debt

Mortgages

Credit and debt

Plan your way out of debt

---

Dealing with debt problems

How to deal with debt problems: by establishing priorities, setting a personal budget, talking to creditors and getting impartial and independent advice.

---

Which debts to pay off first

Information on prioritising debts and what might happen if you ignore your debts.

---

Debts and arrears

Mortgage arrears or payment difficulties for example bad credit remortgages

Council tax arrears and much more...

---

Court claims and bankruptcy

County Court Claims and County Court Judgements (CCJs)

What happens, and what you need to do, if somebody makes a County Court Claim saying you owe them money.

Responding to a County Court Claim

What to do if you receive a County Court Claim, what happens if you don’t respond and where to get advice.

---

Bad credit - How lenders decide how much you can borrow

---

Credit ratings information and agencies

Whether you’re buying a new home or changing lenders (‘remortgaging’), a number of things are considered when lenders work out how much you can borrow. These include your income and employment status, the value of the property, your outgoings and your credit history. Whatever a lender is prepared to offer, the most important thing is to be sure you can afford the monthly payments.

When someone applies for a financial product like a mortgage or remortgage for example the lender will look at their credit history. Lenders are checking that the person applying for credit is reliable and that they are worth the risk of lending them the money. They do this by looking at their previous finance and credit applications and the reasons why they are applying for the mortgage, as well as looking at the person's income and expenditure.

The lender will also use a credit reference agency to carry out a detailed credit check to see if the person has a bad credit history. The two major credit reference agencies are:

Experian, PO Box 8000, Nottingham NG1 5GX

Equifax Europe, Department 1E, PO Box 3001, Glasgow G81 2DT.

The agencies hold peoples historical financial data files. For the fee of £2 you can request details of your credit file, if the information is incorrect or you would like to add comments simply contact the agencies.

---

Regency Mortgage Corporation is a trading name of Paradigm Two Limited, Authorised and regulated by the Financial Services Authority