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Will I get a remortgage?
8alder
Posts: 10 Forumite
Current mortgage is with Northern Rock who say there will be no cost on changing to a new mortgage provider. I have £48k outstanding on a property worth £79k. Never missed any mortgage payments. I have almost completed a payment plan with Money Advice and have one default remaining with £1,700 yet to be paid (started with 8 defaults and £43k). Property has been pretty much ignored as every penny has gone to repayments. Now desperately needing new electrics, heating etc so hope to remortgage to cover costs. In full-time permanent employment earning £34k. No dependents. Have a capital one card which is paid off at the end of each month. Only other debt is a catalogue which is paid by direct debit - no missed payments. Can't get a mortgage with my own bank Lloyds as debts were with BoS who are a subsidiary. Is there anyone out there who would consider me for remortgaging? All advice welcomed.
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Comments
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With your recent credit history. Then you'll struggle to remortgage with main stream lenders for some time.0
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