Re: subject

#97524
Anonymous
Participant

Thanks Katy. This relates to subrogation i.e. moving from one lender to another. Yes and than there will be other cost.. So the old Spanish trick of having heads at both side of the contract.

Apparently, moving from one product to another with the same lender is construed as new or a remortgage even though the amount, person and the collateral is the same.