An adverse credit remortgage is a home loan that is offered to someone with adverse credit. A remortgage is typically used to pay off an existing mortgage and also be considered for financial repairs as well.
Banks which deal with people who have poor credits, generally willnot offer the same mortgage terms on an adverse credit remortgage.

It is simple a term which is used to describe those class of people who do not have very good credit. Those with poor credits will ebd up with home loans with very bad terms. So in this cases adverse credits help them to pay off the old mortgage with unfavourable terms and get mortgage product with lower interest. As they repay the mortgage, their credit will improve and will provide them with more access to consumer credits.

This program offers highe interest rates than other standard remortgages because of increased risk of the lender.