Non-porting “portable” mortgages
Posted by Justin on Feb 5, 2011 in Nelsons' Column | 0 comments It is important to read the small print when paying extra for a so-called portable mortgage – often it will turn out not to be portable after all. Clients of ours are moving to Kent from another part of the country. They are selling their existing house for the same price as they are paying for their new one, both are valued the same, and they want to borrow the same amount: should be...read more