can I get another fixed rate mortgage at good rate

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Julie

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Post by Julie » Thu Feb 14, 2008 10:57 pm
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Im in an IVA and my fixed rate mortgage with Northern Rock ends in May - can I get another fixed rate mortgage at a good rate?
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MelanieGiles

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Post by MelanieGiles » Thu Feb 14, 2008 11:10 pm
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Hi there gr1 and welcome to the forum

You should telephone Northern Rock to see what your options are with them first - as it is usually cheaper to stay with the same lender - and then at least you have something to compare around the marketplace. There are many lenders who will look at you whilst in an IVA, but probably only up to 85% loan to value.
Regards, Melanie Giles, Insolvency Practitioner
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