First time poster, long time reader!
Has anyone any experience of BOSI and are they looking to offload mortgages by sweetening the deal for paying off early?
Currently about 20k in neg equity and looking to move. Obviously we cannot bring our mortgage with us and we are finding other lenders will not take us on with a 2nd property (even though rent would cover mortgage...grrr)
So our only option seems to be to pay off BOSI mortgage. We are in perfect credit, never missed a payment.
We have been advised by a broker to get our house valued and approach BOSI and ask them if they will accept an offer (it would be about 10k below what we owe).
Anyone any experience of this? I read some old threads on this topic but couldn't find anything concrete.
Has anyone any experience of BOSI and are they looking to offload mortgages by sweetening the deal for paying off early?
Currently about 20k in neg equity and looking to move. Obviously we cannot bring our mortgage with us and we are finding other lenders will not take us on with a 2nd property (even though rent would cover mortgage...grrr)
So our only option seems to be to pay off BOSI mortgage. We are in perfect credit, never missed a payment.
We have been advised by a broker to get our house valued and approach BOSI and ask them if they will accept an offer (it would be about 10k below what we owe).
Anyone any experience of this? I read some old threads on this topic but couldn't find anything concrete.