Remortgage help - worried

dimbo61

Read the mortgage paperwork carefully ? do you go onto the SVR or BMR which is only 2.5%
either way you will be paying less than you are now.
clear the CC debt and any other debt first and then overpay the mortgage by up to £500 a month as thats the most Nationwide allow

rothchick

dimbo61 wrote: »

Read the mortgage paperwork carefully ? do you go onto the SVR or BMR which is only 2.5%
either way you will be paying less than you are now.
clear the CC debt and any other debt first and then overpay the mortgage by up to £500 a month as thats the most Nationwide allow

I thought you could pay anything you want once on the variable rate with Nationwide. Need to check my paperwork (not that I can as much as that each month)

OP- Please do not worry, you will not lose your home as long as you keep up your monthly payments. You don't have to remortgage, but you can chose a new rate if you want the security of another product. I agree with the others about paying off your other debts which will be charging you a lot more than 3.99%