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Mortgage Help
Sollie_69
Posts: 4 Newbie
I bought a property last year and arranged the mortage through John Charcoal. They managed to find me a 95% at 5.89% fixed for 3 years. I will very soon face difficulty in paying this and was looking to remortgage. Is this possible? My credit rating has also suffered as a result and am wondering whether I will be able to get a better deal elsewhere. Any ideas/help would be appreciated.
0
Comments
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Remortgage to what? Why are you struggling to pay?0
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Look at the details of your mortgage. Its not impossible to leave a fixed deal but it will probably cost you. You will need to do some sums and work out if paying the penalty and getting a better deal means you are better off than sticking with the deal you already have. If you are struggling to pay the mortgage contact them for advice. Better to be honest and get advice rather than bury your head in the sand and risk losing the house.0
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