November 29, 2007
Understanding An Adverse Remortgage
» Click here for the original article
It is important to understand the terms that lenders will use when granting an adverse remortgage. Anyone applying for an adverse remortgage will expect that it will relate to their credit history, but what is the difference between light adverse, medium adverse and heavy adverse. To help those who are seeking an adverse remortgage, we have looked at recent data from the Council of Mortgage Lenders to see what these definitions have in common. In the main, the definition relates to the numbers of County Court Judgements and arrears on a person's credit history, as well individual voluntary arrangements or bankruptcy.
Filed under Adverse Credit Mortgages by admin






