Tuesday, February 8, 2011

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

No comments:

Post a Comment