Hi all,
Apologies if this has been asked before...
I have a mortgage of about 250k outstanding on my home; good track record with repayments and never in arrears.
Do banks entertain the idea of selling the house for say 200k and setting up a personal loan for the balance of 50k over 15 years or so?
Thanks.
Apologies if this has been asked before...
I have a mortgage of about 250k outstanding on my home; good track record with repayments and never in arrears.
Do banks entertain the idea of selling the house for say 200k and setting up a personal loan for the balance of 50k over 15 years or so?
Thanks.