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2nd mortgage
boltonian
Posts: 70 Forumite
Right, STILL not sold my flat despite it being on the market for over 2 years and having dropped from 87k to 62k asking price.
I have found a place to buy that I could afford.
Question is, can I keep my mortgage on my flat (maybe rent it out)
and get a 2nd mortgage with a different company for the new place?
Not sure how this works, or how things like capital gains would come back to haunt me.
My flat is in better condition and is 5k less than any others in my area, but just no interest
I have found a place to buy that I could afford.
Question is, can I keep my mortgage on my flat (maybe rent it out)
and get a 2nd mortgage with a different company for the new place?
Not sure how this works, or how things like capital gains would come back to haunt me.
My flat is in better condition and is 5k less than any others in my area, but just no interest
Regards
Mark
Mark
0
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