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Cant fix mortgage..
Wilma12
Posts: 1 Newbie
We have a mortgage with NR at the moment, the fixed deal came to an end last Feb, and we have been on the SVR ever since, and whilst interest rates are so low, we are holding on for as long as possible. I contacted a whole of the market mortgage company last week, gave them all our details, but since we got this mortgage, we have had a wage drop, and have got debts due to my husband loosing his job (he is now working again) and we have been told no mortgage company would allow us to fix a mortgage with them. So what are we to do, If interest rates start going up again, we will end up not being able to afford the mortgage. We are stuck...
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Basically yes. Overpay as much as you can whilst on the low rate.0
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