Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 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!
Loan before remortgage
Summ14
Posts: 27 Forumite
Hi
Just wondering if I was to get a loan to consolidate credit card debts about £7k to ensure its a set payment and ensure its paid back in a certain time frame. How long would you leave it before starting a remortgage?
We should hit 65% ltv March/April time and we were looking to remortgage then and borrow about £20k extra.
Currently we owe £128,000 house was valued at £195,000 8 years ago and want to remortgage at £150,000. Our dual income is £51k but OH might be getting a promotion which would boost it by at least £10k.
What are chances of this being accepted if we remortgage before we should with me possibly getting a loan.
Hope this makes sense.
Many thanks in advance
Just wondering if I was to get a loan to consolidate credit card debts about £7k to ensure its a set payment and ensure its paid back in a certain time frame. How long would you leave it before starting a remortgage?
We should hit 65% ltv March/April time and we were looking to remortgage then and borrow about £20k extra.
Currently we owe £128,000 house was valued at £195,000 8 years ago and want to remortgage at £150,000. Our dual income is £51k but OH might be getting a promotion which would boost it by at least £10k.
What are chances of this being accepted if we remortgage before we should with me possibly getting a loan.
Hope this makes sense.
Many thanks in advance
0
Comments
-
Never advisable. Best to focus on current debts. Before borrowing yet more.0
-
What is the extra £20k for?Slummy mummy!0
-
My OH got a loan for home improvements and want to add it to the mortgage. The separate loan is for me and wanted to sort it before remortgage as its my debt not the OH's and didn't want to add that to mortgage as its not his debt0
-
How much debt unsecured do you currently owe in total between you?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179K Life & Family
- 263.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards