If your current mortgage agreement is coming to an end and you need to remortgage then make sure you're not taken advantage of by a broker that is looking to fill their own pockets.
People with financial problems are in particular danger experts say, because sub-prime mortgage lenders are often the most guilty of ripping off those who are struggling to find a solution and have nowhere else to turn.
A spokesperson for Charcol warned, "There is a vast array of different fees charged by brokers, and borrowers who feel hopeless can often pay a great deal of money unnecessarily. Our research has found that some brokers charge as much as 10% for their advice to sub-prime borrowers.”
The advice is to obtain a copy of your credit rating yourself and see what mortgages are available to someone with your financial circumstances. Doing your research is the best way to get a brilliant deal.