Pinkpanter
Registered User
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We have an AIB tracker mortgage - bought apartment 515k in 2007- balance 418k 27.5 years remaining.
I would like to move house and myself and my hubby were discussing it last night. How does the new CB rules affect us hoping to take negative equity mortgage with portable tracker option!
Do we need 20 % deposit in new property or are we exempt from that requirement?
Also should we have details of sale price of apartment and new house price etc before we talk to bank? My husband thinks on the basis of our incomes they will give us a max borrowing amount?
I would like to move house and myself and my hubby were discussing it last night. How does the new CB rules affect us hoping to take negative equity mortgage with portable tracker option!
Do we need 20 % deposit in new property or are we exempt from that requirement?
Also should we have details of sale price of apartment and new house price etc before we talk to bank? My husband thinks on the basis of our incomes they will give us a max borrowing amount?