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!
Re-Mortgage info
markgar
Posts: 35 Forumite
When you change mortgage providers will the new provider's mortgage just pay off the old one or do you have to specify a figure?
0
Comments
-
You can ask for more money if you need. The prospective new lender will assess your application based on its own criteria. With each lender having its own rules, they're more interested in your proposal than your existing debt.
If you're wanting a lot more, they'll probably want to know why, in case it affects the risk.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards