Hi

We were about to move house (I have to as my job is moving (they will pay some fees)) but Abbey (our current lender) will now only lend us £98k. We currently have £176k with them (£144 Interest only, £22 Repayment)... we only remortgaged in January '09 and borrowed more at the time (they had no problem lending it then - they even offered more). Our house is worth currently £210 -225k and we were looking to spend circa £200k on a new place (we're moving slightly further north so can get a bit more for our money). My salary is £32.5k my wife is a stay at home mum.

We have a £4.5k redemption fee with Abbey... (didn't really want to waste that kind of money) if we were to move lenders.

Any suggestions?