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  • FIRST POST
    • 9 monkeys dancing
    • By 9 monkeys dancing 30th Jan 17, 11:39 AM
    • 4Posts
    • 0Thanks
    9 monkeys dancing
    remortgaging with the same lender on a DMP
    • #1
    • 30th Jan 17, 11:39 AM
    remortgaging with the same lender on a DMP 30th Jan 17 at 11:39 AM
    Hi, just wondering if lenders carry out credit checks on product changes with the same lender?, my 2 yr mortgage comes to an end in July and I was wondering if this will affect me getting a product change with the same lender?.
Page 1
    • glentoran99
    • By glentoran99 30th Jan 17, 11:41 AM
    • 4,096 Posts
    • 2,919 Thanks
    glentoran99
    • #2
    • 30th Jan 17, 11:41 AM
    • #2
    • 30th Jan 17, 11:41 AM
    Depends on the lender, mine didn't, and was no problem with a new deal
    • zenshi
    • By zenshi 30th Jan 17, 12:00 PM
    • 910 Posts
    • 1,927 Thanks
    zenshi
    • #3
    • 30th Jan 17, 12:00 PM
    • #3
    • 30th Jan 17, 12:00 PM
    Mine was fine. Had defaulted card with them and others that they knew about and still were fine to switch products for me
    LBM.....sometime in 2013 27,056. 10 creditors
    Mar 17......18,496.....7creditors left 31% paid

    26,200 on interest only part of mortgage (July 16)...will chip away 24,631
    49,200 repayment mortgage ( July 16) 47,272
    • 9 monkeys dancing
    • By 9 monkeys dancing 30th Jan 17, 12:45 PM
    • 4 Posts
    • 0 Thanks
    9 monkeys dancing
    • #4
    • 30th Jan 17, 12:45 PM
    • #4
    • 30th Jan 17, 12:45 PM
    I am with Santander.
    • swimminginaseaofdebt
    • By swimminginaseaofdebt 30th Jan 17, 12:54 PM
    • 491 Posts
    • 2,617 Thanks
    swimminginaseaofdebt
    • #5
    • 30th Jan 17, 12:54 PM
    • #5
    • 30th Jan 17, 12:54 PM
    Hi,

    I remortgaged with NatWest no problem. I also had a defaulted card with them.
    NSD May - 3/16
    ,
    Pay all debt off by Christmas 2017 #150 - 1111.84/3729.05
    ,
    SPC10 #564
    • Keezing
    • By Keezing 30th Jan 17, 2:54 PM
    • 207 Posts
    • 154 Thanks
    Keezing
    • #6
    • 30th Jan 17, 2:54 PM
    • #6
    • 30th Jan 17, 2:54 PM
    Technically a "remortgage" is when you move your mortgage to a different lender.

    If you are just switching deals with your existing lender (with no additional borrowing), you will not be credit checked.
    • Keezing
    • By Keezing 30th Jan 17, 2:54 PM
    • 207 Posts
    • 154 Thanks
    Keezing
    • #7
    • 30th Jan 17, 2:54 PM
    • #7
    • 30th Jan 17, 2:54 PM
    Hi,

    I remortgaged with NatWest no problem. I also had a defaulted card with them.
    Originally posted by swimminginaseaofdebt
    Did you have any luck getting Natwest to adjust the valuation of your property without you having to pay?
    • 9 monkeys dancing
    • By 9 monkeys dancing 17th May 17, 11:33 AM
    • 4 Posts
    • 0 Thanks
    9 monkeys dancing
    • #8
    • 17th May 17, 11:33 AM
    • #8
    • 17th May 17, 11:33 AM
    I did manage to change products but at a cost as they increased my rate from 1.59% to 4.29%, is there anything I can do about this?. they mentioned they noticed a default on my files.
    • bobcat2
    • By bobcat2 17th May 17, 11:55 PM
    • 44 Posts
    • 60 Thanks
    bobcat2
    • #9
    • 17th May 17, 11:55 PM
    • #9
    • 17th May 17, 11:55 PM
    4.29% sounds like standard variable rate, not changing to a new product.
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