I own a property in the UK and the LTV is approx 90%.
My mortgage in the UK was taken out in 2007 on a 2 year fixed deal [interest only] which has since expired. The lender was a sub-prime lender who has since ceased lending [SPML] and hence, does not offer new products.
I have never missed a payment in five years albeit I do still have one unsatisfied default.
I have been living in Australia for nearly two years and am employed in a position which pays an above-average salary.
I would now like to remortgage with a more mainstream lender and as part of my application can confirm that I fly regularly to the UK on a fly-in fly-out basis.
What are my options ???
My mortgage in the UK was taken out in 2007 on a 2 year fixed deal [interest only] which has since expired. The lender was a sub-prime lender who has since ceased lending [SPML] and hence, does not offer new products.
I have never missed a payment in five years albeit I do still have one unsatisfied default.
I have been living in Australia for nearly two years and am employed in a position which pays an above-average salary.
I would now like to remortgage with a more mainstream lender and as part of my application can confirm that I fly regularly to the UK on a fly-in fly-out basis.
What are my options ???