From: "Rob graham" 
Newsgroups: uk.finance
Subject: Re: HELP:...What are my options for obtaining financial help with an adverse credit history?!?!
Date: Fri, 13 May 2005 18:10:57 +0000 (UTC)


I have been looking into other possibilities although I really can't
find any. I thought maybe I could take out a mortgage for my flat and
get a secured loan on that, although thats more debt than I really want
to take on.

This statement implies that you own the flat - otherwise you couldn't take 
out a mortgage on it.

The rent payments for our flat is £200 a month, and its
only a 2 bed flat (I have a family of 4, 1 boy 1 girl, so will NEED 3
bedrooms very soon).

But this statement implies that you don't own it. Are you suggesting you 
might buy a flat? You might find a lender who'd accept your credit history 
but he wouldn't lend you the whole purchase price. You'd need at least 20% 
deposit from somewhere. Do you have a parent or a friend who would help you 
out, even to the extent of being a joint owner?

Rob Graham