KBC negative equity mortgage and closing sale/purchase on the same day

shanegl

Registered User
Messages
331
Hi,

Has anyone successfully sold a property mortgaged with KBC using their negative equity trade-up product?

[broken link removed]

I've been told (at application stage) by branch representative that we would need to close both transactions on the same day. So there would be no period of unsecured loan for the negative equity portion.

Reading this guide below it seems to be that this is not commonplace these days. What are people's views here? Would it be an uphill struggle?

http://www.askaboutmoney.com/showpost.php?p=1016112&postcount=2
 
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