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Scottish Trust Deed Forum
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Topic starter
14/09/2011 2:40 pm
I have been on my trust deed since Feb this year, and my 2 year (intrest only)fixed rate has come to an end, if i leave my exsisting mortgage in place in jumps up £170 per month[:0], is there any mortgage companies that would advise me, or remortgage, that deal with people on a trust deed, thanks in advance. I had a previous mortgage advisor that says he has secured a further 2 year fixed rate around the payment mark im paying just now, but he'd like a £300 fee for this service, i have called the mortgage lender and they have given me pretty much the same £170 climb.
14/09/2011 4:15 pm
Hi xdenzelx.
We're not really mortgage experts. We do hear that mortgage availability for people in trust deeds is very tight, and almost impossible where people are seeking to raise extra funds.
As you aren't seeking extra funds the position may not be quite so difficult. However, I'd want to see some evidence before parting with £300 to a mortgage advisor.
Will your own mortgage lender offer you any kind of replacement for your existing product when it expires?
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
