We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
kensington...
peterjohnson007
Posts: 46 Forumite
ive been reading on here that kensington are known as last chance saloon when it comes to remortgaging. if a broker was to introduce me to them what should i do? taking into account i need to remortgage asap should i just go with them? i dont mind staying in the property for the tie in period as i dont want to pay any redemption penalties. also are SPML of the same mould as kensington?
thanks
thanks
0
Comments
-
Kensington, G-Mac, SPML, Rooftop, Platform......
They are sub-prime lenders for people with a poor credit record.
I would only use them if you cannot find any other lender due to credit record.0 -
it was me that said they were last chance. if you have to - go on fixed rate which will ensure affordable repayments.. no extended tie ins- no variable ratesI am a Mortgage AdviserYou 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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.7K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards