To Sell and start a new Mortgage or not?

citizen0100

Hi All,

My wife and I currently live in a flat worth roughly £134K and have a mortgage left of roughly £130K.

We're looking at selling the flat to buy a house, now not having much equity in the flat we've saved pretty hard the last few years and hopefully have 10% for a new house but should we sell our flat and temporaily move in with friends or family and then start a new mortgage meaning we'd loose our Nationwide tracker mortgage or should we find a house and enter into a chain and get a bigger mortgage on top of our current one?

I must admit I haven't seen the bank yet and that will be my next stop but thought I'd put the question out there for some differing opinions.

Thanks

Yorkie1

What is your current mortgage product and rate? And have you checked that the product is portable?