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Remortgaging but classed as high risk despire having no problems since '93!!

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  • kingstreet
    kingstreet Posts: 39,353 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    There are plenty of fee-free remortgage products out there, or where the arrangement fee can be added to the loan. Add it, even if you decide to pay it off after completion. Then you limit potential wasted expense.

    Broker fees are not all the same. For example, we do charge £249 on application, but we only invoice you when we are sure the application is submitted and will be successful. As the fee is about half our income, we have plenty of incentive to ensure the mortgage is actually completed.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
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