B
BoringJoe
Guest
Hi All - First time poster long time reader.
I hope someone can help.
Myself and my wife have a meeting with our bank next week to discuss a mortgage for our new home that we are building. We have about 50% of the amount we require in savings.
We currently own two houses - each in our own names and bought before we married. Both houses have been recently rented out due to new jobs in other parts of the country so we are renting until we finish building.
My house is currently on a tracker mortgage - If we apply for a new mortgage for our new house can the bank decide to take this tracker away or is this a myth?
Both mortgages are with BOI and this is who we will be seeking a 3rd mortgage from.
I hope someone can help.
Myself and my wife have a meeting with our bank next week to discuss a mortgage for our new home that we are building. We have about 50% of the amount we require in savings.
We currently own two houses - each in our own names and bought before we married. Both houses have been recently rented out due to new jobs in other parts of the country so we are renting until we finish building.
My house is currently on a tracker mortgage - If we apply for a new mortgage for our new house can the bank decide to take this tracker away or is this a myth?
Both mortgages are with BOI and this is who we will be seeking a 3rd mortgage from.