Repossession mortgages are a specialist area of lending and may be an option for you if you have missed no more than one mortgage payment.
If you have missed more than one mortgage payment and you have other poor payment records it is unlikely that a repossession mortgage would be available to you.
Repossession mortgages are not generally available through traditional High Street lenders and, if you feel you may qualify, we can put you in touch with a specialist lender.
This type of mortgage can be of help if your current mortgage can be repaid and a new mortgage is restructured over a longer period.
This restructuring can reduce the amount of your monthly mortgage payment.
There are arrangement fees involved in organising this type of mortgage and because of the higher risk taken by the lender, you may pay a higher rate of interest.
If you feel that a repossession mortgage may be right for you please complete the form opposite and you will receive a quotation from one of our Licensed Credit Brokers.
For a quotation please complete the form NOW. |