What is adverse credit remortgage? How can I apply for that?
Hi,
Remortgaging is something that can be done if you have bad credit, like the name states.
There are several reasons why an existing mortgage borrower may wish to remortgage and consider switching to another lender such as:
• To release equity, taking advantage of house price increases • Debt consolidation, paying off expensive loans and credit and store cards • Buying out a former partner • Looking for a mortgage with more flexible features • Securing a lower and fixed rate of interest with peace of mind for the future • Looking for a lower variable interest rate
