Mortgage Meadow / Mortgages / Credit Repair Remortgage

If you are a homeowner and have equity in your property, you can opt for a credit repair remortgage to raise money for a range of purposes such as to pay off existing debts  (Securing short term debts against your home could increase the term over which they are paid and therefore increase the overall amount payable) to reduce outgoings, or to raise cash for other purposes. Trouble obtaining credit may not be due just to problems in the past maintaining credit. Did you know that not being on the voters roll at your current property or a lack of a bank account can affect your ability to borrow money?

For those who have had problems maintaining credit in the past, please remember you are not alone. There are many lifestyle events that occur to people every day that change their ability to maintain credit. This can include divorce, loss of a job, or a serious illness that prevents you from working for a prolonged period of time. It has become common to find people with poor credit histories who struggle to arrange a mortgage.

 The good news is that Mortgage Meadow are experts,  so can find you the most suitable credit repair mortgage for your circumstances; including mortgages for people with:

    • Mortgage or loan arrears
    • Credit or store card missed payments
    • Repossessed Properties
    • Discharged bankruptcies
    • CCJ 's
    • Defaults
    • Individual Voluntary Arrangements (IVA)
    • Little or no credit history

It is important to remember that by meeting the repayments of a credit repair remortgage, you will improve your credit history, provided you have not accumulated additional debt problems. This will make it easier for you to secure credit in the future and at a lower interest rate.

At Mortgage Meadow we have strong links with a large number of lenders putting you in a better position to secure a credit repair remortgage than by you searching the market alone. We are experts, so can find you the best possible mortgage to fit your circumstances. We can talk through deals with the decision-makers in person and explain to them your situation. Having this relationship with lenders means that they can take an individual view on your particular circumstances and are more likely to agree the loan as a result. For more information on credit repair remortgages, please speak to one of our advisors now or use our online mortgage assistant to receive a quote

Alternatively if you require some advice on dealing with debt, please visit our online help area, which contains relevant links to some of the UK's best debt advice charities such as the Consumer Credit Counselling Service (CCCS)

Remember think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage