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!
When to approach a broker? at which point?
Options
col81
Posts: 336 Forumite
I have 3 defaults (1 dropping off in 2 weeks and 2 in May 21). At what point do i approach a broker to look for a better deal for me is it a long process etc? I want to try and get a high street lender i currently owe £118500 and the house is worth £145000. thank you
0
Comments
-
Are you currently in a fixed term?I would speak to a broker now and ask them your question and they will advise when it’s best to apply and to which lendersMFW 2025 #50: £1139.75/£600007/03/25: Mortgage: £67,000.00
12/06/25: Mortgage: £65,000.00
18/01/25: Mortgage: £68,500.14
27/12/24: Mortgage: £69,278.38
27/12/24: Debt: £0 🥳😁
27/12/24: Savings: £12,000
07/03/25: Savings: £16,5000 -
Agree with MFW, sooner than later as you know what your options are.Mortgage started 2020, aiming to clear 31/12/2029.0
-
No I am free to switch whenever but my defaults clear in May. Can anyone reccomend someone on here to approach? Appreciated0
-
I used @acg to get my mortgage and will use him again when it's time to remortgage.Mortgage started 2020, aiming to clear 31/12/2029.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards