Now is the time to refinance due to low borrowing costs
- Nick Oliver
- Jul 17, 2015
- 2 min read
Never in the history of mortgages, have mortgage rates been so low.B Fixed rates for five or even ten years are widely available to allow you to budget for the future.B Property prices are rising and buy to let is booming. Even with the latest news from the Chancellor, George Osbourne, buy to let is still a good investment and is likely to continue to be so. Even with adverse credit history, defaults, ccj or arrears and bankruptcy, there are lenders that accept historic adverse credit for new mortgages or remortgages.B There are even lenders that will consider lending to applicants with adverse credit history who want to purchase or remortgage buy to let.
Central Mortgages Essex has been arranging mortgages for clients in London and Essex / Kent / Hertfordshire for years and strive to get them the best deal.
Mortgages in Essex are arranged as quickly as possible and home appointments can be arranged under certain circumstances.
There are a few matters to bear in mind.B Credit history, provable income and deposit are all vital.
If an applicant has bad credit or adverse history this can affect their ability to obtain mortgage funding but it does not make it impossible. The key to obtaining lending is to have good credit.B Ensuring there are no missed or late payments will assist in finding the best mortgage deal.
The greater deposit available, the better the rate of interest charged.B If an applicant has 25% deposit, they are likely to get a slightly less favourable rate than an applicant with 40% deposit.
Contact on of our team for more information or to discuss an enquiry in greater detail 01277 630183.
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