More than 30 lenders are either no longer trading or no longer lending.
But we have solutions !!!
If you have a mortgage with any of the following lenders, you are aware that they are no longer trading and your mortgage is being managed by a management company. Therefore, you are unable to remortgage with this lender.
If the reason you originally had a mortgage with this lender ws because you either had a credit history issue or could not prove income, and this is still the case the majority of mortgage companies are unlikely to offer you a new mortgage.
However, if the reason for remortgaging is to raise some extra funds we may be able to offer a solution. This is you keep your current mortgage and then put in place a second charge mortgage, second charge lenders have much more flexible criteria.
Click on relevant name to see information.
Advantage Home Lending.
Amber Home Loans
Beacon Homeloans
Bristol & West plc
DB Mortgages
EDEUS
First National
Freedom Lending
Future Mortgages
GMAC-RFC
High Street Home Loans
London Mortgage Company
Money Partners Ltd.
Infinity Mortgages
Mortgage Express
Mortgages PLC
Preferred Mortgages
Readstone Mortgages (See Beacon)
Rooftop Mortgages
SALT
Southern Pacific Mortgages Ltd
The Mortgage Business
The Mortgage Lender
UCB Home Loans
Unity Homeloans
WAVE (See Freedom Lending)
High Street Banks and Building Societies.
If your circumstance do not allow you to move your mortgage to a mainstream lender the solution to raising funds could be keep your existing mortgage with the benefits of its original terms and add a second charge loan.
Second charge loans are flexible you may only need it until you have 3 years accounts available or until a CCJ has come of your credit file.
They can take into account various sources of income.
See video >>>>>>>>>>>>>>>>
Just because your existing lender cannot
help does not mean you cannot raise funds !!!
See video >>>>>>>>>>>>>>>>