What is a Non Status Remortgage and How does it Work?

March 18, 2008

What is a Non Status Remortgage and How does it Work?

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Many people think, incorrectly, it means the lender is not interested in your credit status at all, even if you have a poor credit history. However, it actually means the lender will adopt a different approach to verifying your income.

There are a number of reasons why you may need your income to be non-status and why it would be inconvenient or impractical to prove it. This article gives examples of some situations and the type of borrowers who would most benefit from these schemes.

Read more about the Non status Remortgage

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