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    • alan1406
    • By alan1406 13th Sep 17, 9:18 AM
    • 4Posts
    • 0Thanks
    Multiple Loan - half fixed, half variable
    • #1
    • 13th Sep 17, 9:18 AM
    Multiple Loan - half fixed, half variable 13th Sep 17 at 9:18 AM
    Are Mortgage Lenders able to provide solutions for customers where the need is for say 2 or 3 separate loans? For instance 50% of the borrowing on a 5 year fix and the other 50% on a variable rate which can be repaid without penalty from an anticipated inheritance? Both parts would be repayment, but I guess a 3rd part could be introduced to cater for an interest only scenario.

    I'm not sure if these sort of bespoke solutions are offered or even permitted. Can anyone help?
Page 1
    • kingstreet
    • By kingstreet 13th Sep 17, 10:01 AM
    • 33,682 Posts
    • 18,267 Thanks
    • #2
    • 13th Sep 17, 10:01 AM
    • #2
    • 13th Sep 17, 10:01 AM
    Some can.

    Some can't.

    It depends on the individual lender's system.
    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.
    • alan1406
    • By alan1406 13th Sep 17, 12:06 PM
    • 4 Posts
    • 0 Thanks
    • #3
    • 13th Sep 17, 12:06 PM
    • #3
    • 13th Sep 17, 12:06 PM
    Thanks kingstreet
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