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Porting Mortgage
ironlady2022
Posts: 1,574 Forumite
Hi,
I've been on hold with my bank for ages, and not much on the website.
If I am porting over my tracker mortgage to the next house. I do not need to borrow anymore - do I still require additional credit checks?
I've been on hold with my bank for ages, and not much on the website.
If I am porting over my tracker mortgage to the next house. I do not need to borrow anymore - do I still require additional credit checks?
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Comments
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I would expect them to treat it as a normal mortgage application, so yes.0
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I don't get it, if it cos its a me property and risk to them?user1977 said:I would expect them to treat it as a normal mortgage application, so yes.0 -
Not sure what you're trying to say there. The only difference "porting" makes is that you'll get the remaining period of whatever product you're on - otherwise it generally gets treated as a standard mortgage application, so subject to them being happy with you and the property.mayling03 said:
I don't get it, if it cos its a me property and risk to them?user1977 said:I would expect them to treat it as a normal mortgage application, so yes.
What's the difficulty?1
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