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.

If this is the case, then there are various remortgaging services available to you even if you are unable to get one from high street banks.

Advantages of remortgaging include:

Reducing your monthly payments if you have a problem keeping up with your current outgoings
Releasing money to spend on other things
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
Being able to get a remortgage despite having problems with an adverse remortgage in the past

When 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. There may also be various fees that they might charge, such as mortgage valuation fees, arrangement fees, exit fees, early repayment fees and legal fees.

To find the best deals, check out the rates below or fill in the enquiry form to compare the entire UK mortgage market and make sure you find the best deal for your individual circumstances.

Initial Rate	Type	Period To	Provider	The Overall Cost For Comparison APR	LTV
6.49%	Adverse		Manchester Building Society	6.80%	80%	More
6.99%	Adverse	Sep 2011	Coventry	7.30%	65%	More
7.29%	Adverse	Jul 2009	First National Bank	7.29%	60%	More
7.39%	Adverse	Jul 2009	First National Bank	7.39%	75%	More
7.49%	Adverse	Jul 2009	First National Bank	7.49%	60%	More
7.50%	Adverse		Accord Mortgages	7.50%	65%	More
7.59%	Adverse	Jul 2009	First National Bank	7.59%	75%	More