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Porting Mortgage question

flash_cash
flash_cash Posts: 20 Forumite
in Mortgages & endowments
I have a mortgage ready to port to the property I am buying, but the house I am buying is hitting a snag. The mortgage offer is good for another 4 months, if I decide that the house I was intending to buy is no longer worth the hassle/risk, will there be a problem if I speak to my lender to port to a different property? All criteria will be the same, it'll just be a different address. I know people will say "speak to your lender" but I just wanted to get an idea of whether it is at all possible?

Thanks. :beer:

Comments

  • amnblog
    amnblog Posts: 12,781 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Technically, it is not a problem.

    Obviously the new property and lending will be considered by your Lender.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • ethank
    ethank Posts: 2,197 Forumite
    Holiday Haggler I've been Money Tipped!
    I did this with Nationwide and it was treated as a fresh application, although it went through on the second house very quickly!
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