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help please
Hottiescottie1234
Posts: 1 Newbie
Hi Our mortgage comes to an end Nov 2023 and we will have paid it off 7 years early. I would like to extend the house and was wondering can i borrow more when i am on a fixed term now or do i have to wait until its nearer the end of the fixed term.....?
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Comments
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Depending on the fees to come out of your existing deal, normal protocol would be to speak to your current lender about borrowing more money and then running a sub account to the main mortgage for the extra money you need.
As for timing, there are no issues in doing this now or later on.I am a mortgage broker and IFA. 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 advice1
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