can you remortgage a house if it is worth less than when you brought it. It was only brought nov. 09?
You probably can, you need to speak to the people you have the mortgage with, or the new people you are thinking of going with. Be warned though, the original bank or lending institution may charge you a huge amount of money for breaking your agreement. We had to do this just before the GFC, and we lost about $11, 000.