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kensington...
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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
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Comments
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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
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