We could do that, but we wouldn't be able to borrow more.
Our circumstances meant that we can borrow quite a bit more now and still be at a good LTV. So we just factored the break charge into our sale budget and absorbed it.
why won't they let you borrow more? you can take out a separate mortgage with your lender to increase your borrowing. have you enquired about this?
@AirTime started
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We could do that, but we wouldn't be able to borrow more.
Our circumstances meant that we can borrow quite a bit more now and still be at a good LTV.
So we just factored the break charge into our sale budget and absorbed it.