Guessing you all know as apparently it happened a few months ago - Woolich used to let you port your mortgage to another property with up to a 6 month gap between completion of the sale of the old property. I found out yesterday that this is now just 30 days after I gave them a call.
We have about 166k left to pay and are paying 0.68% - (tracker)
We are under offer and are not close to finding our new home yet (will be moving in with inlaws)
Looking at having a mortgage after the purchase of £250k - will have a LTV of about 56% -
My plan was to move that 166k to the new property on 0.68% and the other 90k to the best deal that Woolich could offer - but that is now not likelyto happen.
Would rather have a fixed mortgage for 3-5 years to start off with - Any recommendations of who to use in this situation please?
Anyone think we should put the sale off for a few weeks and rush through a purchase of a new place to keep the decent rate?
Thanks.
Charlie.
We have about 166k left to pay and are paying 0.68% - (tracker)
We are under offer and are not close to finding our new home yet (will be moving in with inlaws)
Looking at having a mortgage after the purchase of £250k - will have a LTV of about 56% -
My plan was to move that 166k to the new property on 0.68% and the other 90k to the best deal that Woolich could offer - but that is now not likelyto happen.
Would rather have a fixed mortgage for 3-5 years to start off with - Any recommendations of who to use in this situation please?
Anyone think we should put the sale off for a few weeks and rush through a purchase of a new place to keep the decent rate?
Thanks.
Charlie.