Settling HSBC Tracker + Porting Rate to 2nd Property?

BigBear1664

I have spoken to the bank again this morning who phoned me and the advisor who I have an appointment with tomorrow has explained that if they consider it as a loan they will need to see a repayment plan and as such she has said that for the purposes of what I am looking to do they will call it a gift. This part of it is not a problem according to the bank or my solicitor.
I am looking for clarity on porting the existing rate - not the implications of borrowing the money from my father of which the bank don't have a problem with.
The banks fin advisor this morning said that she thinks I can port the rate in this circumstance and she is going to look into it. I had a 2.5hr meeting yesterday in branch with another advisor who said I couldn't port the rate.

BigBear1664

Okay, just to simplify, an example: You have a house with a small mortgage, you inherit some money and decide to move and settle your mortgage but want to port the rate onto the new place because you will sell the old house later on and the porting of the rate needs to be done at the time of purchasing the new house. Can this be done?
You don't want to loose the rate because it is a 1% + Bank of England base rate so currently 1.5%!
It's with HSBC, do they stipulate that if you own another house outright you can't port your previous rate to use on a second home - I can't find anywhere that states clearly