northern rock togeather mortgage

star69_2

hi

can i just say be nice if i ask a stupid question as i have very little knowledge about these things. We are coming off a fixed rate Northern rock together mortgage next year. We have and unsecured loan at the same rate as or mortgage. Now my mate was telling me he has had great difficulty in finding a new mortgage due to the fact that it is a loan and mortgage. Is this correct?

the way i understood it was this, if my house was worth £90 and i bought it for £75,000 3 years ago. then i need to re mortgage for approx 73,500 having paid a little off. I can then go for a new mortgage provider and i ask for a £73,500 mortgage to cover what i owe Northern rock, is it that simple? i know there are exit fee's etc, or will i have a problem as its a unsecured loan and a mortgage together?

I read some stories saying they out up the loan to something between 9-16 % interest after the initial period is over...

i was banking on consolidating it all when i got a new mortgage, please any help would be great.

thanks

herbiesjp

If you are re-mortgaging the whole amount, then you are clearing both the mortgage and the unsecured loan.

Just as straightforward as any other re-mortgage scenario really

star69_2

HI

Thanks for taking the time...