Ive been on a 3 year special deal and im worried what to do now as i now have very little value left in my house because of falling prices. Any advice?

When your existing mortgage deal is completed, your mortgage lender will automatically transfer you onto their standard variable rate (SVR). Because interest rates are currently low, your SVR is also likely to be low - but as you do not tell me which lender you are with, i cannot look it up for you. Anyway, if you visit your lenders web site you'll be sure to find their SVR. So in this respect you do not need to panic about the low equity you now have in your house. Your existing lender will continue to lend you the money but on SVR terms.

Until you have regained equity of circa 15-20%, you will find it difficult to remortgage with another lender. So i suspect that for the time being, you will have to stay with your existing mortgage lender.

Best of luck

Broker Boy