Stoozing Remortgage

duggana

Hi Everyone

I am looking for peoples thoughts and experience on Stoozing and its impact on remortgaging.

I have a mortgage renewal in December 2025 and I am currently stoozing around 6K, which I can use to pay off the balance of a credit card in Jan 2026 when the 0% offer expires.  I am just wondering whether this will have any bearing on my mortgage affordably and rates on offer (whatever they will be then).

Other useful info:
- Mortgage balance £157K (60% LTV)
- Combined income of £90K
- No other debt

kingstreet

Probably not. Unless your mortgage term is about two years.

Put the figures in an affordability calculator and add/remove the £6k card debt and see the difference.

housebuyer143

It will be fine on that borrowing. We stoozed away £30k and had no problems remortgaging.

eschaton

I can’t see £6k making a difference. 

Could be different with higher amounts. 

I tried to remortgage with Barclays early 2022 on a 7 year fix taking 18 months off the term. 

Only £43k and 21% LTV at the time and a perfect credit history but £37k on credit cards. Straight knock back. Zero risk. Worked out well as I wouldn’t have paid it off if I’d remortgaged.