We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Really need mortgage advice!
jodik
Posts: 1 Newbie
My mortgage is not due for renewal until next May. It is currently with Alliance & Leister. I have a £85,500 mortgage together with a £5,500 loan.
Can I change mortgage dealer if I have a loan incorprated into my deal? This has really confused me! Do I have to pay this loan off for 35 years with A&L and get a mortgage elsewere? Or can I move my loan aswell?
I really want to change mortgage provider. I have seen deals that are alot better than the one I am on at the moment which would require me to pay less over a shorter period of time. Now im scared that no-one will touch my deal due to this loan!
Also if my mortgage was for £90,000 to begin with will this have went down now? And can I leave my current deal if its not due to be renwed yet?
Sorry for all the questions but as I said I am completely hopeless at this stuff! Any help would be appreciated!
Thanks!
Can I change mortgage dealer if I have a loan incorprated into my deal? This has really confused me! Do I have to pay this loan off for 35 years with A&L and get a mortgage elsewere? Or can I move my loan aswell?
I really want to change mortgage provider. I have seen deals that are alot better than the one I am on at the moment which would require me to pay less over a shorter period of time. Now im scared that no-one will touch my deal due to this loan!
Also if my mortgage was for £90,000 to begin with will this have went down now? And can I leave my current deal if its not due to be renwed yet?
Sorry for all the questions but as I said I am completely hopeless at this stuff! Any help would be appreciated!
Thanks!
0
Comments
-
What did you pay for your house and when did you buy it?
What do you think it is worth now?...............................I have put my clock back....... Kcolc ym0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards