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re-mortgage
Comments
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want2bmortgage3 wrote: »so I'm not really in a great position am I, I am borrowing more than I should?
The answer is yes. May be best to sell the property, clear your debts. Then re-enter the property market when the time is right.0 -
I'm afraid I also agree it will be the salary multiple that will be the biggest problem.
I've recently remortgaged: my salary is slightly more than yours, my LTV rate is only 40%, I have no debt - and the maximum I was able to borrow with the really low rates was around £90k (which was fine as I didn't need this much).Grocery Challenge £211/£455 (01/01-31/03)
2016 Sell: £125/£250
£1,000 Emergency Fund Challenge #78 £3.96 / £1,000Vet Fund: £410.93 / £1,000
Debt free & determined to stay that way!0
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