Michael Collis Financial Services

Unit 1, The Balcony,

Accrington Market Hall

Accrinfton

BB5 1ER

07909 522794

Blog

 

Here we aim to highlight industry events and changes and invite comment

By Michael Collis, Dec 22 2019 03:55PM


The first quarter of 2019 saw a record high of more than 320,000 county court judgments (CCJs) against consumers in the England and Wales, according to the Registry Trust.


A total of 321,044 judgements were made against consumers in the first quarter of the year, a rise of five percent on the same quarter in 2018. The total number of adverse CCJs has risen year-on-year for the past six years. At the same time the average value of a consumer CCJ recorded over the quarter decreased by six percent to £1,398 compared to Q1 2018, which had been the lowest first quarter average on record. The total value of CCJs remained close to last year’s levels, decreasing by one percent to £448.7m.


Defaults and CCJs shouldn't get between clients and their mortgage. We can access ranges which incude


Flexible criteria for multiple CCJs

No pound value limit for CCJs, and they don't need to be satisfied


All applications are subject to our lending criteria and full underwrite





By Michael Collis, Jul 3 2018 09:20AM

https://twitter.com/collis2012/status/1014072660769288192

By Michael Collis, Jun 21 2018 08:04AM

https://twitter.com/intent/tweet/complete?url=https%3A%2F%2Fwww.bbc.co.uk%2Fnews%2Fworld-europe-44547000&text=BBC%20News%20-%20Former%20Anglo%20boss%20sentenced%20to%20six%20years%20in%20jail&latest_status_id=1009708311162380288

By Michael Collis, Jun 11 2018 11:01AM

An interesting article showing FTB’s the ability to build a credit score without using credit cards that could help them buy a home. CHECK IT OUT


https://www.telegraph.co.uk/personal-banking/mortgages/millennials-build-credit-rating-without-getting-credit-card/


A good credit score is important for househunters. It is good to see that you can elect to pay your rent through an app resulting in a positive credit score through Equifax.

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