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Can I sell my house if my mortgage is fixed ireland

 
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Asked by

Lemuel


Can i sell my house if my mortgage is fixed ireland? Thank you in advance. Janette
0     In Mortgage

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    Q. What happens if you sell your house with a fixed mortgage?


    "Pay a penalty unless you port your mortgage to the next property you buy..."



    If you sell a home with a fixed mortgage you are going to pay a penalty unless you port your mortgage to the next property you buy . If you are not buying a property and just want to cancel then you will pay a penalty of 3 month interest. Which could up quite a lot as most of the mortgage interest in paid within the first 5 years of your mortgage.

    This answer closely relates to:
    • Mortgage fixed selling house
      • I have a fixed rate mortgage if i sell the property do i incur the penalty?
      • I am on fixed rate mortgage with santander firstly they said you can port your mortgage to different property when i sold my house they said to me you?

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    Can you help us by answering one of these related questions?
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