Fixed Rate Bad Credit Mortgages, Rising in Popularity in London & Rest of The UK
Fixed Rate Bad Credit Mortgages are Rising in Popularity in London and the Rest of the UK
Bad credit rating or not, fixed rate bad credit mortgages and fixed rate bad credit remortgages are proving more and more popular as the financial crisis worsens. Indeed fixed rate mortgages are more prevalent across the whole mortgage and remortgages market spectrum.
The popularity of fixed rate bad credit mortgages in London and the rest of the UK has been noticable as the proportion of borrowers taking out fixed rate products has increased recently to 59% according to the council of mortgage lenders.
However the actual number of mortgage products on offer including fixed rate mortgage options reduced by over 3,000 according to figure released ending in May this year. In that month alone the product range reduced by 17% all of which is indicative of the current credit crunch scenario.
This just reinforces what we keep saying if you need a bad credit mortgage you need to take action immediately as products are literally disappearing of the shelf on a daily basis.
So give The Bad Credit Mortgage Centre a call right now for fast friendly help…
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