Redundancy and mortgages

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Tezmondtutu Posts: 2 Newbie

16 January 2015 at 2:17PM in Redundancy & redundancy planning

I was recently made redundant we have enough savings to see us through the next seven months comfortably but I am wondering if I should contact my mortgage company 'just in case'. We are taking the opportunity to sell our house and move out of London where we will require a much smaller mortgage but I am concerned that switching to an interest only mortgage could affect my credit rating. Does anyone have an experience or advice? Thanks

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