Case study : Remortgage

Divorce Settlement with very bad credit

Mr and Mrs Lyon

Mr and Mrs Lyon had fallen over 6 months behind on their current mortgage payments and had many large CCJ's registered against them, as Mr Lyon was self employed and had been off work ill for 8 months and had only recently gone back to work. They were facing repossession from their existing lender and none of the high street lenders where able to assist them.

Within 15 minutes of phoning Mortgage Sense we had secured them a remortgage, which allowed them to consolidate all their debts into one payment and allow them a fresh start again

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Overall cost for comparison 7.6% APR. The actual rate available will depend upon your circumstances. Please ask for a personalised illustration. A fee may be charged on completion typically 1.25%. Paying off short term loans and credit cards with a mortgage could cost you more over the long term. Early repayment charges may apply.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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