A mortgage arranged under Non Status terms means that the lender is relaxing the requirement for proof of income, or is accepting adverse financial circumstances This usually results in higher applied interest rates.

This another term used to describe Credit Problems due to an adverse credit history. CCJs, Mortgage Arrears and other credit debt repayment problems leads to being classed as Non Status rather than Status. When used to describe: Non Status Mortgages or Non Status Loans they mean Mortgages or Loans for people with Credit Problems or a Poor Credit History. ayment Break This term is more commonly called a payment holiday. If agreed with your lender, Payments can be stopped for a limited period whilst you get over a financial tight spot. Also see Overpayments and Underpayments.

This another term used to describe Credit Problems due to an adverse credit history. CCJ's, Mortgage Arrears and other credit debt repayment problems leads to being classed as Non Status rather than Status. When used to describe: Non Status Homeowner Loans they mean Loans for people with Credit Problems or a Poor Credit History Secured Loan. back to the top

Where you have numerous CCJ's or Mortgage Arrears

Loan granted without making enquiries about the borrowerâ€(tm)s income or credit history.

loan granted without making enquiries as to the borrower's income or credit history. This is useful for people who may be self-employed and/or unable to prove their income. Often attract a higher rate of interest as there is more risk to the Lender.