We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
secured loan with a different bank?
Options
Hi,
I searched for this on internet but could not find any answers, hope people here can provide me with an answer:
Is it possible to get secured loan from one bank while keeping your mortgage (for the same house) with another bank? In other words, is it possible to have two different lenders securing the loan with the same property (of course assuming there is enough LTV)?
Thanks
Robert
I searched for this on internet but could not find any answers, hope people here can provide me with an answer:
Is it possible to get secured loan from one bank while keeping your mortgage (for the same house) with another bank? In other words, is it possible to have two different lenders securing the loan with the same property (of course assuming there is enough LTV)?
Thanks
Robert
0
Comments
-
Yes, assuming the lender is happy to do so.0
-
Some lenders will want you to ask permission before a second charge can be granted.
Do you have a reason why you would not want it all under the roof of one lender?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards