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Remortgage with defaulted debts
onamission_2
Posts: 338 Forumite
Hi
I need some pointers on remortgaging cos i am in a bit of a tangle
I am on a horrendous together mortgage form Northern rock with current interest of 7% APR.:eek:
all payments to NR are up to date.
I have not defaulted (yet) on the unsecured part as it is in joint names. however we are only paying interest only at the moment to try and get DF.
Now where i need help is 1. where should i go to look at remortgaging the secured part (78%)
2. how do i untangle my together mortgage so i can do reduced payments on the unsecured part.
would really appreciate any advice on what to do now (also posted on DFW)
thanks
ona
I need some pointers on remortgaging cos i am in a bit of a tangle
I am on a horrendous together mortgage form Northern rock with current interest of 7% APR.:eek:
all payments to NR are up to date.
I have not defaulted (yet) on the unsecured part as it is in joint names. however we are only paying interest only at the moment to try and get DF.
Now where i need help is 1. where should i go to look at remortgaging the secured part (78%)
2. how do i untangle my together mortgage so i can do reduced payments on the unsecured part.
would really appreciate any advice on what to do now (also posted on DFW)
thanks
ona
total debt at lightbulb 18th April 2007:idea: £42367.60:eek: DFW Nerd No 725. DFW longhauler no 8.:rolleyes: Official DMP mutal support club member no 62.
0
Comments
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are you still on the incentive period i.e. the rate on which you applied for ? if so until when? What is the rate you are currently paying?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.0 -
oops should have said its 7% SVR!total debt at lightbulb 18th April 2007:idea: £42367.60:eek: DFW Nerd No 725. DFW longhauler no 8.:rolleyes: Official DMP mutal support club member no 62.0
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