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Help! Will I be able to get a mortgage anywhere?
Comments
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Whatever you do, you really need to take a step back and ask yourself some basic questions:
You said "I'd like to buy us somewhere, so I know we're safe and secure in that home"
What is safety & security? Is it:
a) having money in the bank, no debt, flexibility to move to new job/upsize/downsize, flexibility to get away from neighbours from hell, no risk of high/extraordinary maintenance costs, and no risk from falling house prices and rising interest rates (renting)
or
b) having no money in the bank, £100k debt, unable to quickly move to new job/upsize/downsize, stuck with neighbours from hell, a real risk of high/extraordinary maintenance costs, completely exposed to falling house prices and rising interest rates (buying)0 -
I suppose moving in with Mum, or her selling her house and buying the one you seen for you all to live in is not an option?0
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£5000 is a large sum for me lol Hardly 'small'.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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