Remortgage advice please - Currently Northern Rock Together at SVR

summerplumber

Hi
Thanks for looking, hope you can advise!
I want to remortgage.
I have £89k outstanding on a Northern Rock Together Mortgage, currently at SVR, made up of £62k Mortgage and £27k Unsecured Loan
I would like a fixed rate Mortgage of £101k to pay off the £89k outstanding, plus 12k for other credit card/loans.
My wife and I have a combined annual income of £44k.
I also have a loan of £19k outstanding that I intend to carry on paying at £260 per month.
My house has been valued at £130k.
The LTV is about 78%.
HSBC said they would be prepared to lend me a maximum of £78k.
My Experian report says I have a poor rating.
This appears to be because I owe a lot on loans and maybe in part because I have the £27k from Northern Rock as an unsecured loan (as well as the other loan/cc debt).
1. What are my chances of getting a mortgage for £101k?
2. How do other lender view the Northern Rock Together mortgage. Will they treat it as one figure of £89k or two figures, the £62k and the £27k - does it matter?

Many Thanks

stevemortgages

Hi summerplumber,

not sure if you ever got an answer to your question, but I've only just discovered it.

On the face of it, a 77% mortgage should be ok, but of course it depends on other things like income and credit score (rather than credit rating which is very different).

Other lenders wouldn't care that you have a Together mortgage, all that matters is 1) are you a good risk, and 2) is your property adequate security.

I imagine I have to declare on the site that I am an independent mortgage adviser, so am fully qualified to advise on mortgage & insurance products. This is my first post so I've still to learn how the forum works!

Cheers

Steve