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I need £100,000.. or I will lose my dream house..
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Equity and his dad put in the rest.. I think that makes it up. Thank you for comments anyway - am staying positive, so maybe the lottery win will happen if that's the only way ; )0
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house is worth £390k. OH father put in £140k. Mortgage of £193k. Equity of £57k.
To get the house off OH's father and fully into you and your partner's names you need (a) to pay the father his initial £140k and his share of the equity (b) get him removed from the mortgage.
On your salary it can't be done.
The end.0 -
Sounds to me as if you have champagne taste and beer money. I imagine that lots of people have dream houses, but if they cannot afford to live in them then that is what they remain, a dream.I can afford anything that I want.
Just so long as I don't want much.0
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