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Is there any hope?

kardro
Posts: 4 Newbie
I am currently with Northern Rock and have a 200K mortgage.
The mortgage is coming to the end of its fixed rate in June.
The house is probably worth the same as the mortgage now.
I am hoping to sell the house and break even then buy another. Is it worth trying to port the mortgage or do you think NR will be against this?
The mortgage is coming to the end of its fixed rate in June.
The house is probably worth the same as the mortgage now.
I am hoping to sell the house and break even then buy another. Is it worth trying to port the mortgage or do you think NR will be against this?
0
Comments
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They would port it............but you'd need to find a 15% deposit this timeI am a Mortgage adviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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