Remortgages (8.5% APR typical variable)
Have you been refused a loan and are you finding it a financial struggle to keep up to date with your mortgage payments? Then maybe it is time to find a better deal, so you could potentially lower your monthly repayments to have some spare cash at the end of the month.
Even if you have been refused a remortgage elsewhere, we could be able to help. Our Refused A Loan Remortgage advisors are all expertly trained to hunt out the best remortgage deal to suit your circumstances.
A remortgage may be suitable if you are looking to:
- Raise money to repay expensive unsecured debts, such as credit cards or personal loans.(Remember that there are no loan alternatives such as a debt management plan)
- Carry out home improvements which may increase the value of your home.
- Purchase your dream holiday home.
- Start a new business venture.
I've Been Refused A Loan - Am I Eligible to Remortgage?
There are a number of different criteria that you are required to fulfill if you are looking to remortgage your property. If you can answer "Yes" to the following statements then you will may qualify:
- I am aged between 18 – 75 years.
- I own my own property.
- I can afford to repay my new mortgage.
- I am a UK resident.
- I can receive a regular source of income, such as through employment.
If you think that you are suitable for a remortgage with us, or are just looking for some more advice on your remortgage options, call us free on 0800 048 1769.
LOANS MAY BE SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY. For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
Refused A Loan is a trading style of Ask Finance Ltd (Registered in England and Wales. Company number 4229724), a wholly owned company of the Harrington Brooks Group Ltd. Ask Finance Ltd is licensed under the 1974 Consumer Credit Act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance Ltd is authorised and regulated by the Financial Services Authority - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.