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Remortgage Q

Hi All, New to the site and first post. :j

My Dad has 2 years left on his mortgage and is looking to remortgage soon.
1 Charge on the property for 15k, he has started repaying this.
Current Mortgage 350k, House Value £1,200,000.

He also has a commercial on a freehold no Mortgage.

What would be the best root to take for him. Age 62.

Thanks All :money:

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Seems to have left matters rather late. Did he ignore the warning letters?

    What are his future plans?
  • Yes. He is planning to have paid it off by end of the year.

    That leaves him around 18 months until his current mortgage deal expires.
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