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Mortgage while getting divorced

(2 Posts)
amandawhite Wed 06-Jan-16 05:54:33

My friend is getting divorced and procedures are going on. They have a mortgage around 40k to pay off and it is 3 year fixed. She wants to sell the house. I suppose they could sell even with the fix . Should she use her LOC to save penalties and to have the freedom to sell now. Their mortgage is with Northwood Mortgage and it is up for renewal.

TheTigerIsOut Wed 06-Jan-16 05:59:41

I don't know what the LOC IS, but if the mortgage is up for renewal, surely there should be no penalties any more?

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