Hi just wondering if anyone else has experience of the below.
My husband owns a house with a variable tracker mortgage with AIB and I have a house with variable mortgage with ICS which we use as our family home.
Both houses are in our individual names as we owned before we met.
At the moment we are paying two mortgages which will not be sustainable for the future years .
He would most likely break even if to sell his house now .
Is there an option for him to trade up and purchase the house which is in my name and hold onto to the tracker mortgage and this allows me to pay close off the variable mortgage in my name or is this not a runner?
My husband owns a house with a variable tracker mortgage with AIB and I have a house with variable mortgage with ICS which we use as our family home.
Both houses are in our individual names as we owned before we met.
At the moment we are paying two mortgages which will not be sustainable for the future years .
He would most likely break even if to sell his house now .
Is there an option for him to trade up and purchase the house which is in my name and hold onto to the tracker mortgage and this allows me to pay close off the variable mortgage in my name or is this not a runner?