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Can i get a mortgage with £20000 debt?
csimmons30
Posts: 2 Newbie
I have got into a bit of a mess with money and i have finally worked out a way to pay it back gradually , I have even taken a second job
My mortgage will be due for renewal soon and I am worried that i will not be able to get a new mortgage with a better rate
I earn 34100 a year and my partner earns 14500 per year
I am around £20000 in debt with loans over 5 years. Does anyone know about if i could get a mortgage with this debt
I have been on several banks websites and it should be fine but I am worried that with the amount i owe I will be turned down. i have got equity in the house and was considering getting this out of the house when i remortgage
Can anyone help me??
Thank you
My mortgage will be due for renewal soon and I am worried that i will not be able to get a new mortgage with a better rate
I earn 34100 a year and my partner earns 14500 per year
I am around £20000 in debt with loans over 5 years. Does anyone know about if i could get a mortgage with this debt
I have been on several banks websites and it should be fine but I am worried that with the amount i owe I will be turned down. i have got equity in the house and was considering getting this out of the house when i remortgage
Can anyone help me??
Thank you
0
Comments
-
how much are you looking for a mortgage of and what LTV?0
-
Looking at 101000 which will be coming out at 90% LTV
Will the mortgage be based on what i can afford monthly or how much i owe?
I have never missed a payment and have a good credit history0
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