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Getting a better mortgage deal
Legacy_user
Posts: 0 Newbie
Hi Everyone,
I was wondering if someone can help me here. I think it is time to look at moving my mortgage provider. I currently have a mortgage of approximately £65,000 remaining on a property valued conservatively at £95,000
The current provider is NRAM so they are not offering anything, obviously. I have been sat on SVR for about 2 years ago. Obviously I am interested to get as good a rate as possible whilst the going is good.
The real issue is that I completed a a IVA about 2.5 years ago. This may well limit my providers.
I know I could get a Halifax mortgage (After having a short but frank conversation with the mortgage adviser) but this isn't all of market, is it! What I don't want to do is restrict myself to one market provider, but how else can I approach this ?
Also, not that it will affect anything but my mortgage as it stands is less than 25% of my outgoings, which I believe is good and I have no other debt to speak of but an empty £3K Vanquis card.
Cheers
13000
I was wondering if someone can help me here. I think it is time to look at moving my mortgage provider. I currently have a mortgage of approximately £65,000 remaining on a property valued conservatively at £95,000
The current provider is NRAM so they are not offering anything, obviously. I have been sat on SVR for about 2 years ago. Obviously I am interested to get as good a rate as possible whilst the going is good.
The real issue is that I completed a a IVA about 2.5 years ago. This may well limit my providers.
I know I could get a Halifax mortgage (After having a short but frank conversation with the mortgage adviser) but this isn't all of market, is it! What I don't want to do is restrict myself to one market provider, but how else can I approach this ?
Also, not that it will affect anything but my mortgage as it stands is less than 25% of my outgoings, which I believe is good and I have no other debt to speak of but an empty £3K Vanquis card.
Cheers
13000
0
Comments
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I would find a whole of market mortgage broker ( ask family and friends)
The will ask you lots of questions and search the market to see who will lend to you and what deals they have.0 -
What rate are you on with NRAM?
I think you should get copies of all 3 credit reports (equifax, experian, noddle) and take them with you to a broker.
I wouldnt be expecting any of the best buys, although potentially there could be high street lenders available.I am a Mortgage AdviserYou 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.0
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