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principality mortgages advice

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I have a small joint mortgage withthe Principality. However I am in the process of splitting with my partner, there are no children involved, and I own a 40% share of the property outright. This is all written up ina legally binding document.

the upshot is that my ex is entitled to 30% of the equity if we sell. I am looking into buying him out but rather than just increase my mortgage the Principality are only offering what they call a 'lifestyle loan' which runs alongside my mortgage for the whole of the remaining term (or until I change my mortgage once my fixed term comes to an end in mid 2008).

This kind of borrowing really increases my mortgage to a level where I would be struggling financially (I would prefer to sell immediately and move on taking the mortgage to another property colser to work).

Does anyone have any experince with the principality and lifestyle loans.
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