Enable Finance, Nottingham (FV Newswire) - Enable Finance, the UK mortgage and loan broker, has confirmed the launch of a new mortgage product designed specifically to stop house repossession from an existing mortgage or secured loan lender. The new mortgage and re-mortgage product will allow for borrowers with high levels of mortgage arrears, a pending repossession or eviction notice. The mortgage product will fund up to a level of 85% of the property valuation and will allow for an unlimited amount of county court judgment (CCJ) and mortgage arrears. We are also able to allow for a remortgage within an IVA should the applicant have an individual insolvency arrangement on this product.
Phillip Evans, Managing Director at Enable Finance explains the rationale for this product: "Enable Finance is a customer focussed business specialising in helping borrowers with a bad credit rating and it is our intention to remain focussed on serving their needs and delivering market leading products to help them achieve their true potential.
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