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Seen a house we like, but we've not got the ball rolling. Advice?
Comments
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Thanks.
We are coming to the end of our 5 year fixed 100£k
So will need a new deal and additional borrowing. What would be best, are most mortgages transferable to new property?0 -
Many mortgages are portable on moving house. What this means is that you have to meet the lending criteria for a new mortgage, but if you do meet it then you can port across the interest rate you have on your old product for the value of the outstanding mortgage.0
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Rang up the house which went back on Rightmove on Friday.
Apparently they have declined an offer from one party and when I rang up this morning they were taking another offer from another party.
So it looks like very slim chances.0
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