You can find the lowest part and part remortgage bad credit rates with Fresh Start Finance. We search the whole of the market for the best deals for you – even if you have a bad credit history (arrears, bankruptcy, CCJs or defaults). We don’t charge any surprise fees or commissions – our service is totally transparent and easy to use. Call us now on 0800 389 6345 for an immediate quote on a great value part and part remortgage rate. Part and part remortgages allow you to split your repayments into two different types – interest only and capital and interest. Usually, you can choose what percentage you want to split the deal into – for example, if your mortgage is £150,000 you might choose to pay £100,000 as a repayment remortgage and £50,000 as an interest only deal.
The benefit of this arrangement is that you can enjoy some of the best features of each method. For example, with an interest only deal you pay less monthly, but do not reduce the capital on the loan. With a part and part deal you can minimise the risk associated with this deal and enjoy lower monthly repayments.
As with any secured loan, you need to ensure that you can afford the monthly repayments, or you run the risk of losing your home. Visit our calculator page to find out how much you can borrow without going over your budget.
Rates vary widely from lender to lender, but you can be sure of finding the best deals with Fresh Start Finance. As this is a more complex way of handling your remortgage, it’s wise to discuss your finances with a professional advisor, and made sure that you have sufficient investment plans for your money.
Find the lowest part and part remortgage rates with Fresh Start Finance
Phone now for an instant decision on 0800 389 6345. Our friendly, experienced team are waiting to take your call!
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