Adverse Remortgage

More and more homeowners are reducing their monthly mortgage payments by remortgaging. However, there are many individuals with blemishes on their credit record who mistakenly believe they would be unable to enjoy the lower rates of interest that remortgages offer due to their adverse credit history.

Alongside the mainstream mortgage market, the sub-prime market has also become increasingly competitive. As a result many lenders who specialise in providing adverse credit mortgages have been forced to offer discount rates to attract more customers.

In reality, having adverse credit is no excuse to continue paying high rates of interest. The benefits of a remortgage is open to both borrowers with blemish-free credit records and those who suffer from adverse credit.

Remortgaging also allows borrowers who wish to release any cash that is stored in their property for debt consolidation.

Clean Start Remortgages

Excel Finance and Lending Ltd offer a new, market-leading product designed for borrowers with severe adverse credit.

There are many homeowners whose application would get declined even by sub-prime lenders due to the severity of their past credit faults. With every missed mortgage or loan payment comes penalties and extra fees which send the borrower further into debt. It is these homeowners who would benefit the most from the ability to release the cash stored in their property – consolidating all their debts and allowing them to make a fresh start.

A Clean Start Remortgage allows borrowers who are trapped in a viscous debt cycle to get their finances back on track. If you have been declined by other lenders, and wish to consolidate any outstanding debts, visit www.clean-start.co.uk and see how Excel Finance and Lending Ltd can help you.