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Questions & Answers The Free Mortgage Advice Forum Remortgaging
update morgage or start new? (0 viewing) 
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TOPIC: update morgage or start new?
#278
claire dove (Visitor)

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update morgage or start new? 1 Year, 5 Months ago  
I am looking at buying a new house and i am not sure what the procedure is. I have a morgage already roughly 120,000 and i am looking at houses around 150,000. Can you just get your morgage increased or do you need to start again from scratch i.e new deposit etc. We can afford a deposit but we can afford higher monthly payments is this how it works?
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