Mortgage – The £24 debt that misplaced us a mortgage | Cash
Having purchased their first house with a Nationwide mortgage two years in the past Claire Wych and Chris Hutcheson thought that getting a brand new deal could be simple once they determined to maneuver home.
They purchased their £264,000 maisonette in Chislehurst, southeast London, with a 20 per cent deposit in 2018. Since then Claire, 32, has had a big pay rise and Chris has joined his father’s property upkeep enterprise. They’ve each labored all through the pandemic.
In November they remortgaged with Nationwide, transferring on to a two-year tracker at 1.99 per cent with repayments of £850 a month. But once they offered their flat for £300,000 and wished to borrow an additional £45,000 to purchase a four-bedroom home close to Maidstone in Kent, Nationwide stated no as a result of
