Adverse Remortgage

An adverse remortgage is when you have difficulty getting a remortgage as a result of a bad credit rating or problems with your existing mortgage lender.
Advantages of remortgaging include:

    * Reducing your monthly payments if you have a problem keeping up with your current outgoings
    * Enjoying a fixed rate so you know where you stand financially
    * Consolidating all of your existing debts into a more manageable arrangement
    * Potentially saving money by finding a discount remortgage rate
Adverse Remortgage choosing an organisation for your remortgage, you should be aware that even though your monthly payments may decrease, you will be extending the term of your debt and the total amount that you end up repaying could be higher.http://www.fairinvestment.co.uk/adverse_remortgage.aspx

Interest Only Remortgage Calculator

Interest Only Remortgage Calculator are trying to work out how much the monthly repayments would be on a remortgage, you can make use of our repayment and interest only remortgage calculator service.
    * how much you want to borrow
    * the mortgage repayment term (i.e. 25 years)

A remortgage specialist will call you back to tell you what monthly repayments are available to you, both for a repayment remortgage – where you pay back part of the capital and part of the interest each monthhttp://www.fairinvestment.co.uk/interest_only_remortgage_calculator.aspx

Remortgage Quotes

    *  Professional remortgage advice from an authorised UK mortgage advisor
    * Compare the whole market to help you find the best deal

Simply fill in our quick remortgage enquiry form and a mortgage expert will call with advice and quotes tailored to your specific needs.

Using a good mortgage broker can make a big difference – with mortgage providers being more selective who they lend to, In Touch Financial Services will help you to get the deal you need.

In order to provide a remortgage quote, you must have a gross annual combined income of £20,000 or higher and have a Loan to Value (LTV) of 80% or lower.http://www.fairinvestment.co.uk/remortgage_quotes.aspx

Cheapest Remortgage Deals

If you are looking to remortgage, the cheapest remortgage deals may not always be the best value in the long run, because other cahrges can be attached, but there are some competitive deals available.With our FREE online remortgage calculator, you can compare:

    * Remortgage rates
    * Repayment costs
    * Early repayment charges
    * Fees
cheapest remortage deals for your requirements, fill in our quick enquiry form and get free access to no obligation quotes and impartial advice from a remortgage expert. http://www.fairinvestment.co.uk/cheapest_remortgage_deals.aspx

Best Remortgage Deals

Get the best remortgage deal for you - Compare a number of quotes and get remortgage advice
from a qualified remortgage advisor by clicking on the link above.http://www.fairinvestment.co.uk/best_remortgage_deals.aspx

Abbey Remortgage

With an Abbey Remortgage you can choose from a selection of products depending on your requirements including: Fixed Rate Remortgage – Provides certainty on repayments and protection against possible interest rate rises.Flexible Remortgage – Provides flexibility on under and overpayments with payment holiday options. http://www.fairinvestment.co.uk/abbey_remortgage.aspx

Apply for a mortgage

a mortgage and you have CCJs against you, you can still apply for a mortgage. Simply contact a regulated, specialist broker, who will be able to look at your current circumstances and the amount you can afford to borrow, and recommend the best products for you. Don't think that you are the only person that's applying for a mortgage with CCJs. Apply for a mortgage  million CCJs issued against individuals each year and dedicated brokers and lenders are there to make sure that you can still buy the property you want, regardless of the judgements against.http://www.adverse-mortgage-centre.co.uk/mortgage-with-ccjs.html

How can I get a mortgage with CCJs?

Before you apply for a mortgage, check your credit record to see if there are any CCJs against you. CCJs can be issued without your knowledge, for anything from very large unpaid debts, to an unintentional non-payment of a utility bill. If you have paid your debt, you can obtain a "Certificate of Satisfaction" which shows the mortgage lender that you have cleared the debt. To apply for a mortgage with CCJs, you need to approach a specialist broker. There are a number of lenders that have created mortgage products especially for this market, and a good broker will have access to most, if not all of these products.http://www.adverse-mortgage-centre.co.uk/mortgage-with-ccjs.html

Mortgage with CCJs

Mortgage with CCJs may be worried that you can't get a mortgage with CCJs hanging over your head, but we can help you to find a mortgage product to suit you.Whether you realise it or not, having a County Court Judgement (CCJ) against you for unpaid debt can cause difficulties when it comes to applying for a mortgage. Mortgage with CCJs can get a mortgage with CCJs but you will need to speak to a mortgage broker in order to ensure that you get the best deal.http://www.adverse-mortgage-centre.co.uk/mortgage-with-ccjs.html

CML Adverse Credit Research

CML Adverse Credit Research Research from the Council of Mortgage Lenders (CML) divides borrowers for an adverse mortgage or remortgage into three areas in terms of risk:low adverse,medium adverse and high adverse. (Some lenders terms these light adverse, medium adverse and heavy adverse, though Advertthere may be other descriptions as well.) According to the CML, applicants for an adverse remortgage with a low adverse rating would have no bankruptcy orders or IVAs, CCJs of between £500 and £2,000 and between three and six months of arrears on loan payments.

If applying for an adverse remortgage with CCJs of between £2,000 and £5,000, arrears of between six and 12 months and no IVAs or bankruptcy orders, then that would count as medium adverse.With most adverse remortgage lenders only IVAs, CCJs and bankruptcies in the last three years and which have not been satisfied are considered adverse credit. For arrears, the qualifying period is two years. http://www.adverse-mortgage-centre.co.uk/adverse-remortgage.html

Adverse Remortgage Definitions Explained

Adverse Remortgage Definitions Explained would be a sensible move to make, so you can see exactly what lenders will see when you apply for an adverse remortgage. In addition to your name and address and whether you are on the electoral roll, there is a lot of other information on your credit report that will affect the success of your application for an adverse remortgage. If you have ever applied for a loan, credit card, store card, car finance or other finance deal, then details will be on your credit record.
If you look into the information that is available online for adverse credit remortgage products, there are a lot of terms that may not be familiar and this article aims to explain some of those. To start with, there are non conforming borrowers.Test Your Credit Rating 125x125 In the main, adverse remortgage lenders will expect applicants to have a combination of arrears on loans or rent, defaults on loans or rent, County Court Judgements, individual voluntary arrangements (IVAs) and bankruptcy orders. It is the number of these and how they have been satisfied that will determine which category a particular adverse remortgage applicant falls into.http://www.adverse-mortgage-centre.co.uk/adverse-remortgage.html

Advantages of bad credit mortgages

Advantages of bad credit mortgages invest in your own property as opposed to renting; mortgage repayment are likely to be equal or slightly higher than monthly rent, you can use this equity later in life to move up the property ladder.Bad credit mortgages can be a temporary solution; after about 3 year, provided you've kept up all your payments and your credit rating has improved, it will be possible to remortgage to a standard mortgage and benefit from a lower interest rate. 

http://www.breadmarket.co.uk/property/bad-credit-history-mortgage.php

Bad Credit Mortgages

Finding the right mortgage can be a tough task, especially if you have a bad credit history.
In the current market however, bad credit history should not be a major obstacle to adjust in order to accommodate this growing number of bad credit mortgage consumers.Lenders realise that not everybody can meet the requirements of a standard mortgage, borrowers who've experienced credit problems in the past.As a result, specialist lending arms are set up to cater to this group of people.Basic requirements for most bad credit mortgage lenders are:

    * You are a resident in the UK
    * Over the age of 21
    * Have an income

Adverse Credit Remortgage

A remortgage is a way to release some equity from your home for any number of purposes. If you have adverse credit however, you might find it difficult to remortgage with a mainstream lender.Adverse credit may put you at a disadvantage but it's certainly no obstacle.
So whether you've had mortgage arrears, CCJ's, discharged bankrupt or IVA or any other hiccup in your credit history, you should be able to remortgage, at competitive rates too.


Potential pitfalls of a remortgage
To most people the home is the most treasured possession, therefore when considering a remortgage, you need to weigh up the pros and cons and work out whether it is the correct decision, it helps to know the potential pitfalls:

Early Repayment Charges
If your existing mortgage is a fixed, capped or discounted rate, there is a possibility that an early redemption charge will apply on the loan should.
Early repayment charges only apply within a given period of time e.g. 4years. Depending on your motive and/or the rates you get from the new lender, it might be feasible to pay the charge and remortgage your loan.http://www.breadmarket.co.uk/property/adverse-credit-remortgage.php