Remortgaging

cairneychris

Hi all, just a quick queston to ask wether its possible to re-mortgage whilst in arrears, i dont think i could but just wishing to confirm, thanks.

_Andy_

Very unlikely it would be worth doing so as the rates you would get, if you could even get a mortgage agreed, would be high.

koexelek

Unless you were desperate to raise extra money ( and the new lender would let you) I could not see the point.
As Andy said, if a lender would do it , their rates and fees would be astronomical

cairneychris

thanks so i would be better off clearing off my arrears first before i even attempt to look at remortgaging

cairneychris

thanks so i would be better off clearing my arrears first and then maybe start 2 look for a remotgage

Robert_Sterling_3

Clearing you arreas is an excellent plan.