What Is An Adverse Credit Remortgage?

Are you looking to release some equity from your property but are concerned about how your adverse credit history might affect the application? Are you simply looking for a better rate of interest than your current one? Does your adverse credit history mean that you are unsure as to whether this is possible?

In response to both questions the truth is that almost anything is possible and almost everything is achievable. If you have available equity in your property and you are able to satisfy affordability criteria then it is highly likely that you will be approved for an adverse credit remortgage, regardless of your credit history.

An adverse credit remortgage is a remortgage with special rates and conditions for people who have had some challenges with their credit rating.

That is not to say that a mortgage company will view an adverse credit record as past water under the bridge – it is more likely that an adverse credit remortgage application will be subject to a higher rate of interest than that of someone will a perfect credit record.