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Remortgages

There are many reputable lenders who will assist in remortgaging. However, this may depend on your credit rating. Generally speaking the more adverse credit you have i.e. mortgage arrears, default notices, etc. the less chance of this being a viable option.

Some lenders (called Sub Prime) will remortgage you, however at a higher rate of interest. If you are considering a remortgage and you have adverse credit then a more realistic loan to value (Amount of funds provided against the value of your house) would be around 75% - 80%. The interest rates you pay also depend on credit ratings.