We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Remortgaging - will pension payments hinder?
Options

Unicorn_cottage
Posts: 879 Forumite

Hi there
I am due to remortgage in June 2020. At current projections my mortgage will be approx £122k at this time (although I am aiming to overpay to get it lower). I earn approx. £35 pa but put 10% into my pension in order to take advantage of my employer match. Would it be advisable to stop pension payments at some point in order to ensure I can secure a remortgage deal?
Thanks
I am due to remortgage in June 2020. At current projections my mortgage will be approx £122k at this time (although I am aiming to overpay to get it lower). I earn approx. £35 pa but put 10% into my pension in order to take advantage of my employer match. Would it be advisable to stop pension payments at some point in order to ensure I can secure a remortgage deal?
Thanks
"Everything comes to him who hustles while he waits" Thomas Edison
Following the Martin mantra "Earn more, have less debt, improve credit worthiness" :money:
Following the Martin mantra "Earn more, have less debt, improve credit worthiness" :money:
0
Comments
-
Most lenders will ignore pension payments, especially if they are voluntary.
Get a Broker to help and place with a lender that will do so.I am a Mortgage AdviserYou 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
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards