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Mortgage Options

Hi All,

I'm new here as I'm after some mortgage advise.

I currently own a house with my girlfriend but we are now selling up to go and live back with our parents for the time being. As we are selling up then plan to pay off the mortgage I have been told it might be worth looking into what options out mortgage provider have for either freezing the mortgage or paying intrest only until we sell, what's everyones views on this?

Thanks

Comments

  • ACG
    ACG Posts: 24,897 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Do you need to?
    Are you struggling financially?
    I am a Mortgage Adviser
    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.
  • No not struggling to pay the mortgage, but I guess that money which isnt paying towards the mortgage can be used for solicitors fees?
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
    Your provider would have no incentive for offering to freeze your interest or anything else given that you're not struggling to pay.
  • ACG
    ACG Posts: 24,897 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Its not even that they would have no incentive....

    They would not do it.
    I am a Mortgage Adviser
    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.
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