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Shares question
The_White_Horse
Posts: 3,315 Forumite
I have a few shares in a company - worth a few tens of thousands of pounds.
Are these of any use to me if I am looking for a mortgage?
Other than selling them (I can sell some but not others). I also have a smallish dividend income from them each year which I suppose would be taken into account.
However, what I want to know is, are the actual shares worth anything to me in terms of borrowing?
My assumption is they are not - but I stand to be corrected.
Cheers.
Are these of any use to me if I am looking for a mortgage?
Other than selling them (I can sell some but not others). I also have a smallish dividend income from them each year which I suppose would be taken into account.
However, what I want to know is, are the actual shares worth anything to me in terms of borrowing?
My assumption is they are not - but I stand to be corrected.
Cheers.
0
Comments
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do i ask really crappy questions because I have asked two recently and despite many views, I get very little response.0
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The answer to your question is no.
Realise them for cash in a tax efficient manner then use the proceeds towards the purchase.0
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