lending criteria

herbiesjp

vix2000 wrote: »

Just incompetent budgeting really. Three grown up kids to help out, credit been thrown at me very cheaply over the years, always paid the cc bills on the dot and they kept increasing the limit, offering cheap balance transfers etc. but have now hiked the interest rates, and I really want to get rid of the cc debt now. I have always known I have a lot of equity so not really panicked about it until now.
How do I find out who offers lending with no restriction? Should I go through all the bank/ building society websites or would somewhere like money supermarket tell me?

If you feel confident enough to DIY this, this the usual sites like moneysupermarket may give you an indication of rates.

However before applying or doing credit checks with any of them, discuss your scenario with them BEFORE - as if they credit score you and then decline, it could start to hurt your credit file.

Otherwise look at speaking with a whole of market mortgage adviser, and let them sort this out for you pretty quickly.

At under 25% LTV you should find deals a lot lower - so you could recoup some of that penalty fee.

vix2000

Thanks to you both again. Unfortunately I am not confident and don't know enough to DIY. I think it would be better for me to seek some advice. How would I find a reputable whole of market advisor in my area please?

herbiesjp

Can you ask friends or family for a recommendation?

vix2000

yes, I'll ask around. Thanks.