We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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-Mortgaging an Alliance & Leicester Plus Mortgage

Options
Hiya,
I have an Alliance & Leicester Plus Mortgage which i took out in March 2008. It was a 3yr fixed Mortgage which is up in March 2011. I was wondering if anybody has any information on what to do when the fixed period expires? When i took out the mortgage i took out £124,000 for the 100% of the house and £12,000 for consolidating debt. In the last 3 years i still haven't paid off enough to re-mortgage on a 90% deal... So any ideas, other than staying with the current mortgage on the variable %?

Thanks

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Your only option is to make a determined attempt at reducing your total level of debt. There's no viable other alternatives.

    Tackle the unsecured element first.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.