Poor Credit Remortgages

Poor credit remortgages are no different in principle to standard remortgages, but they are intended for people with a poor credit history.

Sometimes referred to as a sub prime or non-status remortgage, a poor credit remortgage is designed to help people get on the property ladder if they have made mistakes in the past such as late mortgage payments.

Many high street lenders will refuse to lend money to people with poor credit.

Poor credit remortgages are otherwise known as:

• Bad credit remortgage;
• Non status remortgage;
• Sub prime remortgage;
• Credit impaired remortgage;

Expert Remortgage Advice

Once you have obtained a poor credit mortgage, if you keep to the lenders agreement and make your repayments on time, after three years your credit history may no longer be considered as adverse. This may mean that you could remortgage to a regular mortgage product and enjoy significant savings on your mortgage payments.

The More Group are experts at placing mortgages for those with poor credit. Complete one of our online forms and see how we can help.