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  • minimike2
    minimike2 Posts: 2,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I would imagine Accord will just offer you a new deal from thier existing range. Call them and see whats on offer. The problem might be changing to a new lender if you arent happy with what Accord offer. Its always best to shop around anyway, so find what they can offer you and go from there.
  • swiper
    swiper Posts: 25 Forumite
    Thanks everyone :T
  • luckyfool
    luckyfool Posts: 1,683 Forumite
    Hmm...not 100% sure, I wasn't on DMP or have defaults when we took out the mortgage, but due to having 2 individual personal loans totalling over £40,000 debt (from student days and family problems) had been rejected by Nationwide. Didn't have a problem getting the mortgage with Accord.

    All our payments have been on time, and plan to make some offset payments before deal ends.

    Accord picked up alot of business like this in the past. Their Prime rates were rarely market leading, but they had some weird and wonderful criteria like completely ignoring all unsecured credit in the background for affordability. Thats probably why you ended up getting put to them after Nationwide turned the case down.

    I would second the comments about them being good to existing customers, you should be able to get something reasonable (if not market leading) on a product transfer as long as you have been good on the mortgage. Speak to your original broker (or a new one if you want) and they can give you a breakdown on exactly what rates are available through them.

    Regards,

    Joe
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