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Nicholas Cage

Remortgage Rates

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Apart from the obvious cash for your house type offers being an upfront 20-25% less than the surveyor value (as in they will pay you that after surveying it) . Someone had asked what re-mortgage rates were if you had a history of paying less than 75% of the monthly due and were therefore classified in deep debt but not yet willing to throw it all away.This is also know in the trade as a no reference, whereby they don't ask your previous lender any questions.

Turns out through my exhaustive covearge of 3 lenders in Portsmouth (the second most densely populated city after London) that it averages to 7.3%-8% which considering the risk seems a veritable bargain.

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