We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
high interest rate
adviceforall
Posts: 682 Forumite
Hi
We have been with our mortgage provider for years now with a high interest rate due to being self employed.
We have been over paying where we can and want to ask for a better deal, is it just a simple thing to just ask or would we have to go through applying again and proving income etc we have not missed any payments.
any advice welcome
We have been with our mortgage provider for years now with a high interest rate due to being self employed.
We have been over paying where we can and want to ask for a better deal, is it just a simple thing to just ask or would we have to go through applying again and proving income etc we have not missed any payments.
any advice welcome
0
Comments
-
You surely can't have a high interest rate just because you are self employed??
Is it because you can't show an income and reduce your tax bill at the same time?
What lender are you with at the moment?
Most will offer some retention deals where you wouldn't have to prove income again.
Are you able to explore moving to a different lender?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards