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I want to sell house but mortgage not fully paid

Asked on Apr 18 2010, House Prices in Paisley | Report content

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  • You can sell your property before the mortgage is fully paid off; just ask your lender for a redemption figure ( An exact figure on the outstanding amount including any fees due). As long as the figure is lower than the value of your property, or you have the funds to clear then you will be able to sell. Would you like a free valuation on your property to assist in your plans?

    Answered on Apr 19 2010, Report content
  • Don't worry. 90% of houses are sold with outstanding mortgages on them. The conveyancing process sorts it all out. You just get the balance. Of course if you owe more than the sale price, you have to settle the rest immediately.

    Answered on Aug 17 2011, Report content

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