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A couple of questions .. please help if you can.

I'm not named on my partner's mortgage - we want to add me on.
Is this possible and how would we go about it?

Our 6.29% rate ends in October and should go down to 3. something %.
If we find something cheaper can we transfer or is that where we would have to remortgage?

Details in case needed: £74,000 mortgage at 6.29%, all payments made, £6400 in over payments (over the 2 years) 2 year fixed term ends in Oct 14.

TIA :beer:
Mortgage
1st November 2012 - £74,065
10th August 2014 - Approx £64,750
Overpayments
£6380

Comments

  • ACG
    ACG Posts: 25,082
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Forumite
    Its called a transfer of equity.

    It would be easier to tie it in with any remortgage rather than do the 2 separate as its only a month or 2 away.
    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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