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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Right-to-buy Mortgage
ONEILL113
Posts: 23 Forumite
I have a RTB mortgage at present but due to the interest rate going up i now have a mortgage payment of nearly £800 per month, i would like to change my mortgage but not sure who to and i have a 5% charge for coming ut of my present mortgage.
Any advice would be great? as i am really stuck with what to do, bear in mind that it is a three-way mortgage with the youngest being 30 and the oldest being 83 years of age.
Any advice would be great? as i am really stuck with what to do, bear in mind that it is a three-way mortgage with the youngest being 30 and the oldest being 83 years of age.
0
Comments
-
First of all speak to your lender for all the options open to you. make sure when you call them that you have your documents in front of you and also a notepad to note down everything they tell you.
Because of the high early repayment charge they obviously have the leverage. But check first of all what the actual charge is because it might reduce every year. How long have you had this mortgage?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards