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    Can I transfer mortgage from 1 house to another?
    • #1
    • 17th Apr 08, 7:34 PM
    Can I transfer mortgage from 1 house to another? 17th Apr 08 at 7:34 PM
    Hi All

    This sounds like a simple question, but I am not too sure.

    Basically I own a property which is valued around 125k and has a mortgage for 90k. The mortgage was a 5 year fix and now has 4 years left.

    I also have a property worth around 105k which is mortgage free. I want to transfer the mortgage from 1 house to the other (Please dont ask why). Is this possible? both properties are in my name. What will my costs approximately be?

    Many Thanks
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