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fixed rate ending and partner has adverse credit - help!

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our fixed rate is coming to an end in October (yes I am trying to be organised!) since taking our mortgage out my partner has had to approach to CCCS to pay of his debt. This is all sorted and he is paying a fixed amount each month. We have never missed a mortgage payment so our history with Nationwide is very good (been with them 4 years). I am really worried that we are going to have problems come October when we have to remortgage?

Any advice would be much appreciated!

Comments

  • Scott
    Scott Posts: 200 Forumite
    If you think his credit is bad enough to stop you getting a product with another company, how about a simple product switch with your existing lender? Considering you haven't missed a payment with them, it'd be worth a stab.
    Scott
  • dwsjarcmcd
    dwsjarcmcd Posts: 1,857 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    As Scott has said, a product transfer with Nationwide should be straightforward and they will not undertake any credit checks, providing you are not increasing the loan. You should be able to sot it out with a phone call nearer the time
  • olibearhorse
    olibearhorse Posts: 314 Forumite
    Thanks to you both for your advice - I will give it a shot! I thought they would credit check us again hence the concern.
  • wardlaw
    wardlaw Posts: 124 Forumite
    Hi Olibearhorse

    From What You Say, I Really Cannot See There Being Any Problem Here
    I am a Mortgage Adviser



    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
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    As alreadt stated - if you stay with Nationwide and not increase your borrowing you should be fine
    I am a Mortgage Adviser
    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.
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