Fast track remortgage

tightasagnats

I am looking for a fasttrack mortgage, had one last time with santander, interest only. I overpay.

Any good deals out there?

Owe 145000 value is approx £210000 never missed a payment in 7 years.

Many thanks

Dave_Ham

By fasttrack, do you mean quick like for like remortgage or do you mean no income proof?

kingstreet

Interest-only with no repayment vehicle and no evidence of income?

You'll struggle. Brokers routinely obtain evidence of income to produce if required in a routine check by the lender, so fast-track is no longer a route to self-cert by the back door.

tightasagnats

Thanks folks. Yes I meant both, quick and no proof of income declaration. I do my own accounts and am also on paye, so I know that since things have tightened up an accountant is required to do your accounts.

Hoped fasttrack might still allow for those of us without but able to pay. Doesn't have to be interest only incidentally, repayment ok.

Wh05apk

No reason you have to have an accountant, if you order your SA302's most lenders will accept those.

Dave_Ham

As said, interest only at this sort of loan to value is incredibly unlikely on the face of it but will depend what is potentially in the background.

With your SA302's, subject to income and being on repayment the process can be quite straightforward.

All the best

tightasagnats

Thank you all.