We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Santander Additional Borrowing
Options
clarkt14
Posts: 3 Newbie
Hi All
Just in the process of a debt consolidation and borrowing more on the mortgage to get a lower rate on what I owe - about £20k.
Is it all done on affordability or is it done on credit score? My score is just below average as in the process of cleaning up, never missed anything - always above the minimum payments too. I've submitted all the info after my first call and they are happy for me to speak to an advisor next week. Does anyone have experience of this? Do I need to prepare anything? I've been told it's a 90 minute phone call so expecting a grilling!
Just in the process of a debt consolidation and borrowing more on the mortgage to get a lower rate on what I owe - about £20k.
Is it all done on affordability or is it done on credit score? My score is just below average as in the process of cleaning up, never missed anything - always above the minimum payments too. I've submitted all the info after my first call and they are happy for me to speak to an advisor next week. Does anyone have experience of this? Do I need to prepare anything? I've been told it's a 90 minute phone call so expecting a grilling!
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards