Best-Remortgage.org.uk

1,5 million people in the UK “own” houses with a mortgage that is a lot higher then the value of their houses. Many people in the UK got a mortgage for their property, without having enough money – but still they received a mortgage by the banks too easily.

Now, 2 things can happen, that also happened in the past in other countries:

1. The interests rates rise (e.g. double ?) and people need to remortgage.
2. People then can not afford it anymore and need to sell the house
3. Houses are only worth half of what they were bought for and banks have a problem.
4. Some banks might go bust…other people loose their money too.

ALL the same paperwork you would need to provide if we were taking out a mortgage for the first time.

Is it normal procedure for C&G (or any remortgage provider) to request; pay slips 2007, 2007 P60,Child Tax credits assesment, Child benefit assesment, and passports for proof of ID on a remortgage?

We also have over 65% equity in our property (so only borrowing 35% the value of our house) so its not like they are loaning us 100% mortgage.

any insight appreciated

My husband’s ex-wife has put a Charging Order on the flat owned jointly between my husband and I. We want to remortgage and take out equity for a loft conversion.

If we take out equity, will the mortgage lender give it direct to the ex-wife, or will we still be able to use the equity for loft conversion.?

We had a mortgage, we were getting into debt so remortgaged and used the raised funds to clear off our bank loans,credit cards and the car which she had on finance. I put the deposit down on the house £16,000. We have had the house repossessed and now have separated, I have lost everything, she swans around in the car, says it is hers, is it? We were not married! can someone please help me!!!?

I need to remortgage as my deal ends in march and have set up appointments with 2 brokers based in estate agents.
Will it be a problem with regards to what they offer me when i tell them that the firm i work for is currently in administration.
My current lender has been nationalised and is no longer able to offer me a mortgage and has advised me to move my mortgage.This being the case where will i get the best deal in my current situation?

a wife signed a form to remortgage their house without husband eing aware,

I find it would cost £204 per month, APR variable 13% – so it looks like I could be charged 18.5% interest any time they say.
I remortgaged my house in November and my bank manager said if I applied for a personal loan this November, he would give me a loan for consolidation purposes – The question is, would I be better to be patient. Still trying to patch up a bad credit rating through illness etc. Any advice most welcome.So it would mean that with this offer the repayment would be £18,000!!

Do I need a deposit to remortgage on my own?
I’m getting divorced, the property is in both of our names. My ex said he was happy to stay on the mortgage but not contribute and therefore have no claim to the property. I want the flat to be in my name only and therefore the mortgage too.

I am asking this question way earlier than I need to but the rapid rise in UK interest rates is a bit worrying! I took out a fixed-rate (4.79%) interest rate this time last year when I was a first time buyer. It is fixed for 2 years meaning that I will need to renew by April 2008. Can anyone please advise on how to go about remortgaging, how much time it takes, any extra costs that need to be considered etc. My dream is to switch to a repayment deal but, with interest rates rising in the UK, Im not sure if I will be able to afford it. I’d be very grateful for any mortgage renewal ‘do’s’ and ‘dont’s’. Thanks.

Whilst looking through paperwork from the last time that I remortgaged 2 years ago, I have found a plastic wallet containing actual title deeds to my property sent to me by the previous conveyancer, with a letter stating such. Surely these should have gone to my current lender not me? Im worried that this will cause delays or even extra expense for myself – what should I do? I live in UK.