Re-mortgage questions, can anyone help?
Re-mortgage questions, can anyone help?
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NeilPot

Original Poster:

130 posts

146 months

Wednesday 21st September 2022
quotequote all
Looking to move / remortgage.

House 1: Barclays mortgage. 375k / 187k repayment mortgage
House 2: Santander. 500k / 250k interest / repayment mortgage.

One of these has to go.

Purchase house 3 740k

To fund house 3 we’ll sell house 1 and can either let house 2, or sell (fingers crossed).

We’ll have to use either Santander or Barclays as both are 12 months in and 1.2 / 1.3% interest rates.

Anyone in here I can chat to re what options exist for the additional funds?

Killer2005

20,615 posts

258 months

Wednesday 21st September 2022
quotequote all
Sarnie/Caddyshack are our resident mortgage brokers.

Funk

27,737 posts

239 months

Wednesday 21st September 2022
quotequote all
Neil, sent you an email this morning with some info you'll hopefully find helpful.

Sarnie

8,373 posts

239 months

Wednesday 21st September 2022
quotequote all
NeilPot said:
Looking to move / remortgage.

House 1: Barclays mortgage. 375k / 187k repayment mortgage
House 2: Santander. 500k / 250k interest / repayment mortgage.

One of these has to go.

Purchase house 3 740k

To fund house 3 we’ll sell house 1 and can either let house 2, or sell (fingers crossed).

We’ll have to use either Santander or Barclays as both are 12 months in and 1.2 / 1.3% interest rates.

Anyone in here I can chat to re what options exist for the additional funds?
I'm a broker, happy to help with this if you want to drop me a line smile