Bad Credit Mortgages Cost Increases

Homeowners who have bad credit histories are paying more than even for mortgages. According to Moneyexpert.com the charge for a bad credit mortgage has increased by 14% to a figure of £923. The high charge is justified on the ground of the increased risk associated with lending to people with bad credit histories. However when getting a mortgage quote it is worth looking around because the cost can vary. Some bad credit specialists do offer lower prices. Remortgage Guide