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Will being a student affect my remortgage later
Heidi01143
Posts: 8 Forumite
Hey. Thanks for taking time to read and trying to help.
My partner and I bought our home in Nov 2016. We are fixed until this November. We always assumed we would remortgage and try get a better deal.
I want to enrol to start teaching training this year, in September. Which would mean quitting my job. Getting a student loan and using that as my income for the year. The course lasts 3 years.
What do we do? Try remortgage in November on just my partners wage? Not remortgage and hope rates are low? Wait to enroll? If so when is the best time to get the best deal regarding remortgage? Any other options?
My partner and I bought our home in Nov 2016. We are fixed until this November. We always assumed we would remortgage and try get a better deal.
I want to enrol to start teaching training this year, in September. Which would mean quitting my job. Getting a student loan and using that as my income for the year. The course lasts 3 years.
What do we do? Try remortgage in November on just my partners wage? Not remortgage and hope rates are low? Wait to enroll? If so when is the best time to get the best deal regarding remortgage? Any other options?
0
Comments
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Your current Lender will most likely be offering you new options going forward without worrying about your income.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
So have a look on your lenders website for New deals for existing customers.
They will do a desktop valuation of your home and you can apply online to PICK a new deal.
As long as you are not changing the term or increasing the borrowing and You pick the deal without advice you won't have an credit checks
Maybe a 3/5 year fix ????0
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