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Porting rejected - product transfer ?
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peppapig14
Posts: 266 Forumite
Previous responses state I would be unable to port our nationwide mortgage due to a drop in income ( now self employed on lower income and less than 2 years ).
We are desperate to move, and have savings to make up the loss in income and to add more of a deposit.
Would it be possible to product transfer to a new property. I am aware this would involve erc from current deal ( 2.19% ) and increased rate ( approx 4 % ).
We are desperate to move, and have savings to make up the loss in income and to add more of a deposit.
Would it be possible to product transfer to a new property. I am aware this would involve erc from current deal ( 2.19% ) and increased rate ( approx 4 % ).
0
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No, it would be an entirely new mortgage application0
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