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mortgage query
hhh89
Posts: 6 Forumite
i have a life time tracker which paperwork says is totally portable and can come with me if if sell up and buy another house,i plan to move in with my girlfriend who has a mortgage on her house,is it possible for me to to buy girlfriends house with my lifetime tracker
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Comments
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Yes. This is called porting. However, this will mean that your girlfriend is selling the property and that you are buying the property at that said price.
So this is a brand new mortgage application which will include solicitors! Stamp duty! New survey valuation etc etc.Motto: 'If you don't ask, you don't get!!'
Remember to say thank you to people who help you out!
Also, thank you to people who help me out.0 -
And subject to current underwriting, which means you are not guaranteed being able to port your mortgage - as previous posters have found out.I 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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thanks,is there any way i could make the life time tracker a joint mortgage with my girlfriend?TEDDYRUKSPIN wrote: »Yes. This is called porting. However, this will mean that your girlfriend is selling the property and that you are buying the property at that said price.
So this is a brand new mortgage application which will include solicitors! Stamp duty! New survey valuation etc etc.0 -
only the lender will be able to decide this...........0
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