Hi Folks,
Just looking to get some advise as I've seen a number of threads similar to the following but none that I could find directly related to it.
Really just looking for advice from anyone who may have already dealt with Bank of Scotland on getting their mortgage rescheduled.
My wife recently lost her job and we have a young family so really need a bit of breathing space on mortgage repayments.
We haven't missed any payments to date but getting v tight and have actually brought in a 35 yrs mortgage to 15 yrs over the course of the last 8 yrs.
What are our options - Interest only? Extending the mortgage back out to 25 yrs or so? Any other ones I'm not aware of?
Any advice much appreciated.