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Re-mortgage update
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Dorastar
Posts: 2,174 Forumite
Posted ages ago about a negative equity problem and re-mortgage ideas - followed the advice (thanks Thrugelmire especially) been through the process and got two free valuations for re-mortgaging purposes and we are indeed sitting on roughly 109% LTV:eek:
Having got nowhere with anyone, our current lender has with our good payment record and 'decent enough credit history' (their words not mine!) offered us a 2 year fixed rate, lower than the one we're now on so we get to ride out the storm and stash in some serious overpayments in the meantime.
Having got nowhere with anyone, our current lender has with our good payment record and 'decent enough credit history' (their words not mine!) offered us a 2 year fixed rate, lower than the one we're now on so we get to ride out the storm and stash in some serious overpayments in the meantime.
Mortgage £119,533 going down slowly
Emergency fund £1000/£1000
Savings for big things £9017
Emergency fund £1000/£1000
Savings for big things £9017
0
Comments
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Nice one, making the best of a bad situation
I am a Mortgage AdviserYou 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.0 -
:T
Pleased to hear that you've made good progress.
Stick at it !0
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