Bad Credit Mortgages
your guide to the world of mortgages

Remortgaging with Bad Credit

Low interest rates and the increase in the range of mortgage products over the past few years due to increased competition have meant that there has never been a better time to review your existing mortgage arrangements, even if you have a poor credit history caused by previous unpaid debts or late payments.

To put it simply, there is a good chance you could save money by remortgaging.

What is a remortgage?

Remortgaging means switching to a different mortgage deal. This could be with your existing mortgage lender, but more often than not it will be with a different bank or building society. If you have credit problems, or have been turned down by a mainstream mortgage lender, then a specialist adverse credit mortgage lender may be the answer.

In the past, many people never bothered to remortgage, but it looks like that situation is finally changing. According to the Council of Mortgage Lenders, in January 2003 (for the first time ever) remortgages accounted for more than 50% of the total monies advanced by mortgage lenders

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Your home may be repossessed if you do not keep up repayments on your mortgage.
Authorised and regulated by the Financial Services Authority.
The overall cost for comparison is 7.3% APR.
The actual rate available to you will depend upon your circumstances.
Ask for a personalised illustration.

Your home may be repossessed if you do not keep up repayments on your mortgage. Authorised and regulated by the Financial Services Authority. The overall cost for comparison is 7.3% APR. The actual rate available to you will depend upon your circumstances. Ask for a personalised illustration.

Your home may be repossessed if you do not keep up repayments on your mortgage.
Authorised and regulated by the Financial Services Authority.
The overall cost for comparison is 7.3% APR.
The actual rate available to you will depend upon your circumstances.
Ask for a personalised illustration.