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Mortgage Porting problem

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  • zobunny
    zobunny Posts: 3 Newbie
    zobunny wrote: »
    im an similar situation and have a morgage for £98 000 and a house worth £127 000, i have £7 000 worth of debts mainly- credit cards. i have found a new house would like to buy for £92 000 so could pay my debts off and pay moving costs etc.. my morgage is which nationwide and is portable so will i also have to re apply? ido you think this a good idea????????????? any advice would be great thanks
    i m currently on dmp paying £300 per month
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