Bluestone News

CCJs are on the rise, here’s what can you do about it...


The total number of adverse CCJ’s has risen year-on-year for the past six years. According to the latest figures released by Registry Trust, 321,044 County Court judgements were registered against consumers in England and Wales within the first quarter of 2019 - a rise of five percent in the same quarter of 2018.

As CCJ’s become more prevalent, you’re likely to encounter even more clients who don’t fit the typical criteria of high-street lenders and therefore struggle to get on the property ladder. Luckily, you can still offer these clients a range of solutions.

In an effort to make complex easy, we’ve developed criteria that offers solutions to situations of this nature so, if you find yourself picking up such cases, we may be able to help.

Here’s how...

  • All CCJ's/Defaults under £300 ignored even in the last 3 months

  • All CCJ's/Defaults over 3 years ignored, even if outstanding

  • All Telecommunication CCJ's/Defaults ignored

  • Up to 4 Defaults and 3 CCJ's within the last 3 years per applicant

  • No monetary limit on the CCJ's or Defaults within each credit tier

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