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Remortgage debt with a HTB Mortgage
rrcollins92
Posts: 13 Forumite
Hi everyone!
Can I remortgage my HTB mortgage and pay off existing debt assuming I’m in positive equity, but keep the HTB loan.
So for example
House Value: £260,000
Current mortgage balance: £150,000
HTB loan: £52,000
Existing debt: £40,000 - include in remortgage
Remortgage for £190,000 to pay off existing debts (loans) but do not include the HTB loan into the new mortgage.
Is this possible?
Cheers!
Cheers!
0
Comments
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No. The HTB agent won't agree to it.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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