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Joint mortgage to sole (but keeping joint!)
mc11hammer
Posts: 1 Newbie
Sorry if I am replicating old posts firstly....
I currently own 1/2 a flat (with joint mortgage). However, I am moving and would like to own my own place.
Is it possible to maintain the joint mortgage, and have a secondary (sole applicant) residential mortgage on a second property?
Thanks
I currently own 1/2 a flat (with joint mortgage). However, I am moving and would like to own my own place.
Is it possible to maintain the joint mortgage, and have a secondary (sole applicant) residential mortgage on a second property?
Thanks
0
Comments
-
Yes, subject to affordability and lender selection.
Some won't allow two residential mortgages, some will.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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