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!
remortaging
lovingangels
Posts: 1 Newbie
sorry if this is in the wrong place is it possible to remortage when u have bad credit my oh got into some debt a couple of yr again which is now being paid at a very low amount each month but remortaging would allow us to pay this debt of in one so is there companies out there who would give us a competitve deal and let us remortaged weve never missed a morgage payment oh was just an idiot with a coupel of credit cards and loans
0
Comments
-
Without knowing your full circumstances it is impossible to say.
Will depend on what the credit is, income, Loan to Value and many other things.
Speak to a broker to see if it is possibleI 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 -
What is the property value?
What is the current mortgage amount?
How much do you need to clear the debts?
What exactly shows up on your credit file, and when were they first registered i.e. default dated 2009?I 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
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
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards