Hi
My parents have around 25k left on an interest only mortgage that expires in 6 months. Due to their age the building society are not wanting to extend it.
Is it easier to have the property transferred to me and then I take out a mortgage on either my or their property. Or is there another solution.
Any help would be great thanks
My parents have around 25k left on an interest only mortgage that expires in 6 months. Due to their age the building society are not wanting to extend it.
Is it easier to have the property transferred to me and then I take out a mortgage on either my or their property. Or is there another solution.
Any help would be great thanks