Home Mortgage Advice

Negative equity – you can sell and keep the mortgage, but move to a lower value property?

Hello Does anyone know a mortgage, if companies allow you to transfer to bypass your mortgage if you want to sell your current property (I would be in negative equity) and transferring the debt to another lower value property? The reason I want to do this is because I want to move to another object, and am concerned that the Price will fall to my current place in the price further, not only hoped the debt without a landlord, you move the existing mortgage on another property …? I know if sounds complicated and can be a long shot, but with the current climate I wondered whether UK lenders were more flexible? Thanks

NO — When you sell a house, you have to pay off the mortgage and get a new one when you buy a new house – If you have negative equity – you are doing avoid negotiating with the lender, as you leave the house – foreclosure, short sale, etc., and anything other than fully paid the mortgage is likely that you are always a different House immediately