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Old 23.05.2023, 22:03
Kewlswiss Kewlswiss is offline
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Mortgage transfer - selling the house

Hello All,

I am interested to know the rule position - Incase if I buy a house with a mortgage from the bank and sell it after some years (say 15 years):

1. Can I transfer the remaining mortgage to the Bank with the same interest conditions with the new buyer ?

2. Can I transfer the remaining mortgage to the Bank with the "then" interest conditions with the new buyer ?

or I need to collect the money from the new buyer and pay the remaining mortgage.

cheers
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