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Existing mortgage - no equity
gabymum
Posts: 33 Forumite
Our excellent tracker mortgage finishes in October. We also have a secured loan on our property so we currently have no equity (with the fall in house prices)
We have never missed a payment on our mortgage and are not behind on any other loans or utilitity payments. Will they just allow us to swap to a new deal in October or will our current lack of equity be a problem. We won't be wanting to borrow any extra.
We have never missed a payment on our mortgage and are not behind on any other loans or utilitity payments. Will they just allow us to swap to a new deal in October or will our current lack of equity be a problem. We won't be wanting to borrow any extra.
0
Comments
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If you contact your lender they will let you know what deals they can offer you.0
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