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Ending mortgage early.
Negotiator
Posts: 145 Forumite
If I decide to sell my rental property early and in the process end the fixed mortgage. Will his have an adverse affect on my future loans/mortgages?
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Comments
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Assuming that you repay the mortgage and any early repayment charges that apply, then I see no reason why it would affect your credit record for future mortgages.
Of course, if you seek to borrow money in the future, you'd have to be assessed for affordability at that point.0 -
No adverse effects.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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