1st UK Mortgages publishes new guide to bad credit remortgages.
Founded in 2007, 1st UK Mortgages introduces those looking for mortgages to mortgage advisers regulated by the FCA. In addition to adverse credit remortgages, the company also specialises in finding mortgage and remortgage deals for those who are self-employed, as well as non-status and HMO mortgages.
Their new guide highlights that while many people fail to buy their dream home after being denied a mortgage, this doesn’t necessarily need to be the case.
In today’s economic climate, saving money and finding good deals are vital – especially in the UK property market. This guide has been designed to provide assistance to those searching for a new home, but have been refused or declined for an adverse credit remortgage in the recent past.
Approach House Purchasing With Caution
Buying a new house is clearly a large investment and should be considered carefully with both broker and agent, but the tips provided in the guide will help borrowers to find good deals that won’t break the bank.
The guide helps borrowers to avoid predatory lenders, who often prey on home buyers with less than perfect credit. These lenders often offer low or no down payments, but charge extremely high rates of interest and can be less than helpful if problems arise.
Tips also include ways investigating whether traditional lenders are really the only viable option for those with poor credit, advice to those who have previously missed credit payments and how to find secured loans or buy to let mortgages with an adverse credit score.
Says Peter Bradshaw owner, “Many people struggle to really understand bad credit remortgages. This guide provides solid information that is not normally shared openly by the UK mortgage industry, and will hopefully help more people to find their perfect home.”
To see the guide in its entirety, visit http://www.1stukmortgages.co.uk/bad-credit-remortgages/