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mortgage advice needed please

mummytwinton
mummytwinton Posts: 143 Forumite
in Mortgages & endowments
help we had a mortgage consultant see us yesterday & we are now more worried than ever. we have the virgin one account house worth 195,000 mortgage £67,000 for now as we have £20,000 on 0% credit card for 12 months. also have car loan £3500 left to pay over 2 years. he told us to add all together ie £91,000 on to a normal mortgage. trouble is we like the flexilility of the one account & as we are only paying interest on £67,000 at the mow i can't see how paying a mortgage on £91,000 would be cheaper. i do have a friend who was on martins show & had a virgin account but doesn't now

i'm sorry i can't work out the tips on this site would anyone be so kind as to help.

he will add 1.95% of our new mortgage amount onto our mortgage for their charge??

Comments

  • homer_j_3
    homer_j_3 Posts: 3,266 Forumite
    Hi,

    What product has the broker recommended? I will have a look at the features and try and make some sense of it for you?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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