The UK sub prime re-mortgage market has never been so competitive: even if you have a ccj, arrears, loan defaults, or an IVA you can still choose from a huge range of products and rates.
Lenders have responded to the huge rise in demand that the expanding sub prime market has created by bringing out ever more competitive rates and innovative remortgage products.
The sub prime re-mortgage market is very complicated, however, in that each different lender will have very different criteria: one lender, for example, may look at defaults very differently to another, in terms of the numbers and sizes they will allow.
There are also a huge number of smaller lenders who specialise exclusively in sub prime mortgages, who may not advertise very widely, relying instead on introduced business from mortgage advisors.
As professional mortgage brokers, with access to a large number of lenders, we can source from the whole of the marketplace to help you find the most competitive quotes considering your individual situation and individual preferences.