Hi Mary32 & Lakeslover thanks for both replying. It's reassuring to note that you both have taken out mortgages since diagnosis, and that health questions do not feature in the application. I was asked by my current provider once if I would be interested in looking at alternative mortgages they had on offer, but the form you had to fill in asked about health so I didn't pursue it, and that was why I thought it might prevent me from remortgaging.
JuSt thank you for consulting with your husband on this, and for advising that I would be able to remortgage. I do not however have any life insurance (although I would get 2 x my current salary from my employer for death in service). This amount would almost be enough to cover the sum of the mortgage. I wonder if this would be acceptable to a mortgage company? Obviously taking out life insurance now would be too costly.
I now know that remortgaging is a possibility and one that's worth looking into to try to get a better deal.
My husband is an independent mortgage adviser and can confirm that having cancer will not stop you getting a mortgage. Mortgage applications are only based on income and credit ratings, not health ratings. The only area your health affects would be any future mortgage life insurance.
Hope this helps,
I remortgaged late last year just as I was finishing rads. There were no health related questions that I can recall, just the usual financial ones. I remortgaged with Scottish Widows through a broker.
I wonder if anyone in the know could advise me whether I would be able to remortgage as I was diagnosed with BC 4 1/2 years ago. I have a joint mortgage with my husband and it is reasonably small in comparison to the value of our property. Would a mortgage provider entertain us once I advised of my diagnosis? I am very reluctant to advise my current provider in case they put pressure on us to pay the mortgage up, just in case. If anyone has any personal experience of this I would love to hear from them, or if someone works for a bank or other mortgage provider and knows about this I would likewise be interested to hear. Thanks. Sunnyday x