Having bought their first home with a nationwide mortgage two years ago, Claire Wych and Chris Hutcheson thought it would be easy to get a new deal when they decide to move out.
They bought their £ 264,000 maisonette in Chislehurst, south-east London, with a 20% down payment in 2018. Since then Claire, 32, has had a big pay rise and Chris has joined the company. maintenance of his father. They both worked throughout the pandemic.
In November, they re-mortgaged with Nationwide, switching to a two-year 1.99% tracker with repayments of £ 850 per month. Yet when they sold their apartment for £ 300,000 and wanted to borrow an additional £ 45,000 to buy a four-bedroom house near Maidstone in Kent, Nationwide said no because
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