Phil_space
Registered User
- Messages
- 62
Maybe someone with some legal expertise can advise me here...
About 10 years ago I bought an investment property A (mortgage 'A') borrowed on the equity of another investment property B (mortgage 'B'). I have recently sold investment property A but would like to use the proceeds of the sale to help pay off mortgage 'C' (a top-up mortgage), which is one of 2 mortgages on my PPR.
Is there any reason I can't do this? Am I missing something? I would appreciate any advice.
Phil
About 10 years ago I bought an investment property A (mortgage 'A') borrowed on the equity of another investment property B (mortgage 'B'). I have recently sold investment property A but would like to use the proceeds of the sale to help pay off mortgage 'C' (a top-up mortgage), which is one of 2 mortgages on my PPR.
Is there any reason I can't do this? Am I missing something? I would appreciate any advice.
Phil