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Old 26-07-2017, 01:38 PM
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Join Date: Jul 2017
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Default Mortgage advice needed please

Hi all,

My new partner and I have seen a house we'd like to purchase.The idea is my partner would sell her house and buy this one.Reason being I am recently seperated and am currently still paying the mortgage on the family home.

My partner has a large cash sum of around 30k that she put down as a deposit on her current home and this would swap over if she bought our new home.

My question is,if in the future,say 2 years,when my family home would potentially be sold and we can then get a joint mortgage,could we get a new mortgage for the value of the house freeing up the lump sum?

Hope that makes sense and any advice would be gratefully received.

Thanks
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