taking out mortgage on inherited property

Must.stop.spending

thank you for allthe replies

unfortunatly selling the properties in my mind is not a great idea.. the flatwill break even if not be in negative equity time i have paid solictor and agents etc so seems pointless selling when renting it would cover mortgage and more?

affordability isnt really the issue.. problem we have is that without combining our incomes we can not get a big enough mortgage to buy a big enough property. we cant get a joint mortgage due to my credit file..

so in my mind if i can get straight sort my credit file out then in 2 years or so we could get a mortgage together?

Thrugelmir

Must.stop.spending wrote: »

affordability isnt really the issue..

Lenders will take a different attitude. As the management of your personal financial affairs suggest otherwise.

You'd be better selling the inherited property and sorting out the issues you have. To give yourself a clean start. With no mortgage to pay and no debts to service. Should be possible for you to save quickly.