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No Foster carer mortgage

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  • Annisele
    Annisele Posts: 4,835 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Will your existing lender let you convert the shortfall to repayment over a longer period? Most lenders will (usually) allow that if there's been an endowment shortfall.
  • zenmaster
    zenmaster Posts: 3,151 Forumite
    Have you asked if you can extend your existing mortgage?

    We are IO and did just that for an extra 10 years.

    We are still IO and overpaying. If you are only £20k short that should be easily attainable.
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