It's a repayment mortgage. Not keen on going to interest only, particularly given the present situation with house prices. There will be no negative equity in our case at it stands. My wife receives what working tax credits she can. I have thought that the only options at present are: 1. Get the mortgage on a fixed rate - when the rates are ...

Hi could anyone give my some guidance as to what to do regards our present financial status? We currently have a mortgage which is on my lenders standard variable rate. We tried to remortgage when the discount term ended in July, but this was just at the time that this 'credit crunch' started. Everything was approved in principle with a ...

Hello, My wife & I just applied for a remortgage, which following a survey was declined as the survey came back with a valuation on our property of the same amount as we wished to borrow. We'd lined ourselves up with at 90% LTV mortage, whereas now this is a 100% LTV mortgage and is outside the realms of what they are offering. Whilst ...

Hi it has been some time since I first started this post. Anyhow I did find a better offer on the mortgage and they were willing to overlook the couple of late payments on unsecured debts. However, a survey was done which came back with a valuation on our property of the same amount as we wished to borrow. We'd lined ourselves up with at 90% ...

The late payments have been within the realms of the mortgage lenders terms of payment and they have advised that they do not affect my credit rating. The usual time lapse is 10 days and this has only happened twice. Other late payments are on unsecured debts, which we are wishing to consolidate in the remortgage.

Hello, My discount rate deal ends in July and I am looking at new deals. We need to take some equity out to consolidate debts and do some home improvments, we are looking at borrowing approx 93% of the property value. We've been offered a fixed rate over 3 yrs, which I would prefer in the current financial climate, but the rate is 8.14% and ...