We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
We're aware that some users are currently experiencing errors on the Forum. Our tech team is working to resolve the issue. Thanks for your patience.
fair deal required with 2 bed house/mineshaft
onlylookingforaquietlife
Posts: 3 Newbie
looking to sell a 2 bed semi in the midlands, independently valued at £110,000, however, now the bad news, it has a mineshaft 20 metres away from property on the fenceline at the rear of the premises. The mineshaft was last used around 1896, and they say it should be safe after no movement for 100 years! Would i be better looking for a first time buyer, hoping their mortgage provider will allow it or try the buy to let market as whoever bought it could rent it out at £600 a month. I have 8 years £300/month mortgage left on property, so i owe £25 grand on property. Hoping to purchase a property for £200k,ideally would not want to go over a £900 a month mortgage, not in a strong position to purchase new build property and carry on with original, any ideas of how to procede would be apprieciated
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards