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re mortage off sub prime

smiffyis
smiffyis Posts: 1 Newbie
in Mortgages & endowments
Hi all, any advice, comments gratefully recieved..

In about 6 months will be coming to the end of a 2 year fixed rate with a subprime mortgage, would like to leave the lender for a more 'traditional' lender. I have been clean of any late payments etc for the two years.. should this now be straight forward??!?!

is anything ever straight forward??

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Really depends on what adverse history you had in the past, and what your credit file looks like now.

    Two years of being "clean" will be good, but we'd have to see what problems you had in the past

    Have you got an up to date copy of your credit file?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Straight forward is a possibility as long as your income and credit status and property fit normal criteria.

    Lenders like Accord can offer near prime deals, and others can offer prime deals where the adverse credit is historic. Its case of applying and see what happens
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