I *think* this is right
The additional borrowing would effectively be a third product / account with its own rate & term. Presumably you'd want to try and align the term to as close to the current terms as possible.
Posted By: WestYorksCanary on February 12th 2021 at 16:25:25
Message Thread
- Mortgages and early repayment charges (General Chat) - Yellalee, Feb 12, 15:03:01
- Could you not take out an additional loan? (General Chat) - SimonOTBC, Feb 12, 15:04:14
- I think the loan window closed on Feb 2nd...... (n/m) (General Chat) - usacanary, Feb 12, 18:32:20
- I did exactly this (General Chat) - eadie2001, Feb 12, 17:01:40
- I *think* this is right (General Chat) - WestYorksCanary, Feb 12, 16:25:25
- Or, as Simon says, you'd just have the additional borrowing on a variable rate until you (General Chat) - WestYorksCanary, Feb 12, 16:26:51
- Quite possibly! I'm all new to this... (General Chat) - Yellalee, Feb 12, 15:08:28
- I'm on a fixed deal until Dec this year (General Chat) - SimonOTBC, Feb 12, 15:09:32
- Hmmm. I need to do some more research (n/m) (General Chat) - Yellalee, Feb 12, 15:20:14
- I'm on a fixed deal until Dec this year (General Chat) - SimonOTBC, Feb 12, 15:09:32
- Could you not take out an additional loan? (General Chat) - SimonOTBC, Feb 12, 15:04:14
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