Poor Credit Remortgages

Posted in Mortgage by admin on August 29, 2010 No Comments yet

remortgage sell or rent ?/????

have a house that we have completely renovated! I value and equity made48%! The dilemma is that things went a bit wrong a while ago and now our credit rating is low even if we have a large sum to make our bank will not give us another mortgage! Then we went to a specialist lender in our situation. TAC is high and will always debt with a larger mortgage! you remortgage your house sell up to make profit and cash or sit on it and pay the debts the (approximately 4 years left on their rate of approximately 20.0000! ahhhhhhhhhhhh !!!!!

I would sell, pay debts, rent for two years, except again, go somewhere cheaper and buy, or buy a fixer in the area you want and can afford. Currently it is a buyer's market, interest rise more too. yours, pay and sit and watch the market.

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