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There are many reasons why you may have a poor credit history but it can affect your chances of getting a mortgage. Disputes over bills, missing credit card payments, and countless other minor things can result in major problems for you to even remortgage. In fact lenders have become so cautious in light of the recent problems that you may find you can’t get a mortgage at all. There were lenders who were prepared to help you – sub-prime lenders – but these have been hit most by the credit crunch and have mostly stopped lending. Those that are lending have increased their rates so they are hugely more expensive than their high street rivals. The only problem is that those high street rivals will not touch you with a barge pole.However, if you do need to take out a new mortgage or are coming to the end of a special offer and want to remortgage you do have some options. Talk to your current lender who will know your payment history and may be able to help. You should also talk to a mortgage adviser who will be able to consider your situation and advise you on your best options. Add this page to your favorite Social Bookmarking websites          
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