Pure Retirement have released the following update (see below for details). Full product details from Pure Retirement are available here. Contact our team to discuss any cases or criteria in detail across their full range.
Supporting Clients with CCJs: A Lender’s Perspective
In Pure Retirement’s latest blog, the lender provides an overview of how County Court Judgments (CCJs) are assessed within lifetime mortgage applications. It supports advisers in helping clients with historic credit issues by explaining how CCJs are reviewed in the context of later life lending.
The article highlights the key factors Pure Retirement considers, including:
- The cause and context of the CCJ
- Whether a CCJ has been satisfied
- The total value of a CCJ
- The total number of CCJs
A product‑by‑product overview demonstrates how criteria can vary, reinforcing the importance of checking current lending rules and KFIs. While a CCJ doesn’t automatically rule a client out of later life borrowing, it underlines the value of expert advice.