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BBFL
Guest
I'm wondering if anyone knows if it is easier to get a top-up now that rates have dropped than a few months ago.
Several months ago we were turned down from our own lender for a 50k top-up mostly due to an investment property - but since then rates have fallen so I'm wondering if there is any point in reapplying ? It's been about 2 months and our CC & loan debt has reduced by 10k. As interest rates have also reduced our monthly outgoings have substantially reduced too.
Would be reapplying for a topup of 50k, LTV approx. 60-70%.
Anyone know if the banks have loosened up a little ?
Several months ago we were turned down from our own lender for a 50k top-up mostly due to an investment property - but since then rates have fallen so I'm wondering if there is any point in reapplying ? It's been about 2 months and our CC & loan debt has reduced by 10k. As interest rates have also reduced our monthly outgoings have substantially reduced too.
Would be reapplying for a topup of 50k, LTV approx. 60-70%.
Anyone know if the banks have loosened up a little ?