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Northern rock remorgage
bailey78
Posts: 1 Newbie
Hi im looking to remorgage im with northern rock. The togeather morgage. I now have a 90% ltv. This is the loan and morgage put togeather. Will a new morgage company take on my loan and morgage as one? Because the loan goes up 8% if i leave it with them. Any help thanks.
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Comments
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Hi, it all depends on your affordability whether you can borrow enough, but in theory it is possible to borrow 90% LTV to repay both your mortgage and the loan. As consolidating the loan into your mortgage counts as capital raising for debt consolidation, not all lenders will be able to offer 90%, so your options will be limited.I am a Mortgage BrokerYou 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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