We have a variable tracker mortgage (1%!!!) with intelligent finance.
We still have around £90,000 on the mortgage. We could be mortgage-free as we do have around £90,000 in savings - between ISA's, Santander 123 and Flexdirect accounts, but while they are getting interest rates of 3-5% then it would be silly to pay off the mortgage - please correct me if thats not right!!!
We are looking to move home, and will need a much bigger mortgage, around £200,000.
Does anyone know if we can take this lovely mortgage with us? We are guessing not, since IF no longer do mortgages for new customers.
OH is going to phone up tomorrow to find out any options, but thought I would ask on here!
Thanks!
We still have around £90,000 on the mortgage. We could be mortgage-free as we do have around £90,000 in savings - between ISA's, Santander 123 and Flexdirect accounts, but while they are getting interest rates of 3-5% then it would be silly to pay off the mortgage - please correct me if thats not right!!!
We are looking to move home, and will need a much bigger mortgage, around £200,000.
Does anyone know if we can take this lovely mortgage with us? We are guessing not, since IF no longer do mortgages for new customers.
OH is going to phone up tomorrow to find out any options, but thought I would ask on here!
Thanks!