sub prime mortgages...

peterjohnson007

any1 know of any lenders that would remortgage my property worth 110000, for its current mortgage i owe of 78000 but let me keep my secured loan seperate???
would have to be a bad credit remortgage as i have missed payments in last 12 months thanks

MortgageMamma

Hi Peter

I will keep answering on your original thread as I dont want to detract from whats been said on that. The deal your company have offered is not VERY bad but there could be something more competitive like I said, and without the fee's that will save you even more. As regards your secure loan, your solicitor should eb able to sort this out for you when you remortgage but its a good idea to get written confirmation from the secured loan company first that they are prepared to accept second charge once orig mortgage is paid on remortgaging

Melissa177

Reading Peter's posts, I can't help but think that Peter's money issues are more serious than needing to remortgage.

Peter, if you are struggling to pay your mortgage now, will things get worse in the future? Maybe seeing someone from the CAB for advice would help you.

Good luck!