Mortgages and re-mortgages are still available for people who have had credit problems in the past as well as those who have no proof of income, such as the self-employed.
Anything that can reduce your outgoings has to be a good thing and by remortgaging your property at a better rate you could save yourself a fortune
What’s the difference between a mortgage company and a mortgage broker? Mortgage companies lend money direct to borrowers. Unlike mortgage brokers, who arrange mortgages for householders from mortgage companies. Most UK mortgage companies are banks and building societies. These businesses borrow money from each other, internationally, to lend to customers who want mortgages. The worldwide [...]
Find a good mortgage broker • Word of mouth – ask your friends, family and colleagues. • Ask the current owner of the place you’re buying who gave them their mortgage. • Search your local newspapers for suitable adverts. What happens once I’ve chosen a mortgage broker? • You work out together how much money [...]