Remortgage options for those in negative equity

(Telegraph.co.uk)- Those in negative equity, or with a high loan to value, often find it hard to remortgage once they come to the end of their introductory deal. Many may choose to stay on the standard variable rate offered by their lender but there are other options.

These include special mortgages for those who are existing customers who wish to remain with the same lender but change deal. Halifax offers a two-year fixed rate at 4.49pc up to 120pc LTV with a £999 fee. Yorkshire Building Society offers a two-year fix at 5.49pc above 100pc LTV with no fee. Read more here…