Should you Remortgage? Guide

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Thanks folks,

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  • Hi,

    My current 2 year fixed rate mortgage has come to an end with NatWest. I am now on their SVR, which is higher than the rate I fixed at.

    If I fix again with NatWest and take out one of their fixed term products, the payments each month will be less than SVR, but since taking out the deal 2 years ago I have since took out a £20,000 loan with HSBC to pay off credit card bills which were accrued through carrying out work on the house.

    Will this affect my chances of been able to remortgage? Do they run checks against you like that when you are already an existing customer? Should I just remain on the SVR?

    Any help on this would be gratefully received :)
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