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Unemployed: can I re-mortgage?
splodger_2
Posts: 70 Forumite
Need some advice please...
Currently with Direct Line on their "Flexible Mortgage" (svr of 3.63%) that I've had since 2001.
It has (finally) dawned on me that I'm paying a lot here, and I should re-mortgage. Problem is that I'm unemployed (though in training), and just about making mortgage payments.
What's my best option in trying to get a better rate from another lender? LTV is less than 60%.
Any advice appreciated.
Currently with Direct Line on their "Flexible Mortgage" (svr of 3.63%) that I've had since 2001.
It has (finally) dawned on me that I'm paying a lot here, and I should re-mortgage. Problem is that I'm unemployed (though in training), and just about making mortgage payments.
What's my best option in trying to get a better rate from another lender? LTV is less than 60%.
Any advice appreciated.
0
Comments
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3.63% doeasn't sound bad at all ,there are many here who would love that rate.
Have you seen anything better,even with LTV< 60%?Space available for rent0 -
You are on a good rate.
Stay put
As without a job you will not be able to move anywayI am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
yup - you dont have any option0
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