is it possible to remortgage while BR?

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Post by BrassicLintus » Fri Jul 27, 2007 6:52 pm
i'm looking into BR at the moment, i have negative equity so would probably be able to keep my house. i'm tied into my mortgage until jan 2008 (interest only, self cert mortgage with extortionate rate!), if i went for BR and presuming it went thru quite quickly, would I be able to remortgage in Jan? soz for so many questions today but my brain is working overtime as I really want to get this sorted before head explodes!!!!

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Post by Adam Davies » Fri Jul 27, 2007 7:41 pm
No you would not as I believe that you have to be discharged before taking another mortgage.However you will normally be discharged after a year.

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