• Selling Your House

    By Guest on 11th Jan 2017

    I am selling my house to the new occupier that wants in by 3rd feb 17 but I will have to pay early settlement fee, come march 2017 I wont. Can I still sell my house and keep the funds in a special account then pay mortgage off in march?

  • 1 Answers

    By Guest on 23/02/2017

    No. You must pay off the mortgage simultaneously with completion of the sale, both because it is a breach of your mortgage conditions to surrender possession during the lifetime of the mortgage and because the buyer cannot register his ownership while the mortgage is outstanding

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