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15%-20% Deposit For 2nd home but im on another mortgage
jimmyc_2009
Posts: 18 Forumite
hi all, me and my girlfriend have decided to buy a house together but i am still on the mortgage at my current property (half of the mortgage which is £60,000) now ive found a house that i like its worth £110,000 and i have a dposit of about 15%-20% is this enough i currently earn about £25,000 and my girlfriend earns £13,000 but she is a first time buyer we are both 23 so still got a long time to pay mortgage off and also i have a private pension where when i retire ill recieve £60,000 lump sum plus a private pension do mortgage providers take this into account?
Thanks James
Thanks James
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