We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Halifax mortgage payment holiday chances
abbieno7_2
Posts: 108 Forumite
Hi
Never done this before but thinking of requesting a payment holiday on a mortgage we've had for three and a half years (just below 75% LTV).
Does the bank do a credit check to confirm eligibility as well as checking LTV and the time you've had the mortgage/no missed payments etc?
Many thanks
Never done this before but thinking of requesting a payment holiday on a mortgage we've had for three and a half years (just below 75% LTV).
Does the bank do a credit check to confirm eligibility as well as checking LTV and the time you've had the mortgage/no missed payments etc?
Many thanks
0
Comments
-
The lender will wish to know the reasons behind the request along with checking your credit history.0
-
I tried to remortgage to pay off debts when I was in a bit of trouble.
I had £40k equity and 10k would have solved mg problems.
I failed their credit score but they did offer me a payment holiday which was ever so nice of them.
It went through no problem with the holiday period added into the value of my mortgage.Save 12k in 2014 member 056
£0.00/£70000
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards