ThirstyLizard
Registered User
- Messages
- 30
Hi all,
I am looking at moving to a new home in the coming months. I will be selling the existing home on which I have a variable rate mortgage with AIB - 33yrs remaining.
The new home will be significantly more expensive, however I will be funding the additional difference with cash, so will not require increased mortgage funding.
I was wondering if it would be possible to transfer the existing mortgage to a new property?
I would hope to hold on to the mortgage from the current property, rather than having to re-apply for a new mortgage as I wan't to avoid having to go through the mortgage approval process.
Cheers!
I am looking at moving to a new home in the coming months. I will be selling the existing home on which I have a variable rate mortgage with AIB - 33yrs remaining.
The new home will be significantly more expensive, however I will be funding the additional difference with cash, so will not require increased mortgage funding.
I was wondering if it would be possible to transfer the existing mortgage to a new property?
I would hope to hold on to the mortgage from the current property, rather than having to re-apply for a new mortgage as I wan't to avoid having to go through the mortgage approval process.
Cheers!