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remortgage due 6 mths - advice please
josiejo1
Posts: 1 Newbie
We are dueto remortgage in 6 mths and in the meantime we are paying high interest charges on o/ds and credit cards (11k). I am thinking of consolidating to one fee free balance transfer card for that 6 mths but am concerned it will affect chance of remortgage. it makes sense to me to save money this way, but does it to mortgage companies or will it affect credit rating? Remortgage will be for 60 to 65% LTV including the debts, and 3 1/2 x income.
Any advice appreciated,
Thanx
Any advice appreciated,
Thanx
0
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