Help i stipulation to Financial and Remortgage proposal on my home?

Ok, I own a house worth about lb140K, the mortgage is finished, so i do own all the house.

However i entail about lb60k.

Can i sell lb60k of the house stale, and open up a new mortgage?

However i enjoy calculated what i can afford to pay back until that time i retire and i will only be able to income about lb40k. Would the mortgage company agree with a clad percentage they own of the house when i pass away or sell it contained by the future.

Thanks, help needed
Answers:
no - you can't trade off "part of the house"

if you can't afford to foot it off by the time you "retire", then you should postpone retirement until after it is remunerated off or not borrow as much

if, at any time you die and there is a mortgage match on the house, your estate will sell the house and pay sour the mortgage and the balance will go to your heir

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