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Moving to property owned outright and changing mortgage to that property

Gerrards_Crocc
Posts: 9 Forumite


I have to move for work purposes and am moving to a property I own outright. However, the property I currently live in has a mortgage on it - how easy is it to move the mortgage onto the property I own outright?
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Comments
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Probably possible with a very, very small number of lenders. Ask yours.
Most permit a port only when purchasing. Very few will port to a remortgage.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.1 -
as Kingstreet saysI am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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