I currently have a lifetime tracker mortgage with Woolwich which is + 0.14 % above base rate = 0.64%, which obviously I want to keep.
The mortgage is portable and originally was for £130k, I have overpaid on this and I currently now owe 86k.
When we sell our current property (250k), and purchase our new property (300-350k) will the ported part of new mortgage be the original £130k or what is outstanding , 86k ?
The mortgage is portable and originally was for £130k, I have overpaid on this and I currently now owe 86k.
When we sell our current property (250k), and purchase our new property (300-350k) will the ported part of new mortgage be the original £130k or what is outstanding , 86k ?