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re mortgaging
katieb.1983
Posts: 14 Forumite
Hi,
I am just about to re-mortgage for the first time and I have been given some products available to me, However since I took my mortgage out I have had some financial difficulties resulting in a dmp.( no defaults with my mortgage) If I am going to stay with the same bank for my new mortgage, will they do a credit check, or will I automatically qualify and have a new mortgage deal in place??
Thanks Guys!
I am just about to re-mortgage for the first time and I have been given some products available to me, However since I took my mortgage out I have had some financial difficulties resulting in a dmp.( no defaults with my mortgage) If I am going to stay with the same bank for my new mortgage, will they do a credit check, or will I automatically qualify and have a new mortgage deal in place??
Thanks Guys!
0
Comments
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Remortgaging is unlikely to be an option. Transferring to a new product with your existing lender is likely to be the only option as they are unlikely to carry out any further status enquiries at this time.I am a mortgage broker. You 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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