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House owner hoping to buy with a First Time Buyer
josephibbs93
Posts: 31 Forumite
Hello,
Hoping for some advice here.
I currently have a mortgage on a property, around £90K left on a £131K house value. The mortgage rate is currently fixed at 2.49% until 30/06/2024. I bought the house, and my fiancee has lived with me since purchase, but has not contributed to the mortgage.
My fiancee and I are getting married in October 2024, and I plan to sell this house so that we can buy a house together in Spring 2025. My fiancee has a LISA and has first time buyer status.
Am I best to fix my mortgage for after 30/06/2024 (current offer is 4.64% for a 2 year fix), and then port it? Am I able to port my mortgage when I buy a new home, if I am then buying a house with my (then) wife?
I live in Scotland and will be buying in Scotland.
Thanks in advance!
0
Comments
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The rules for porting depend on the policies of your lender, and you haven't told us who they are...0
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Apologies, Nationwide!user1977 said:The rules for porting depend on the policies of your lender, and you haven't told us who they are...0
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