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mortgage v value of property
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ruthlb
Posts: 2 Newbie
We would like to re-mortgage our property. We have recently had it valued, and believe that we have well over 50% equity in the property. The amount we would like to re-mortgage is quite high, though a lot less than 50%. My question is, do mortgage lenders only look at income, or when the mortgage requested is less than 50% do they ignore the income?
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I refer everyone to this duplicate thread:
http://forums.moneysavingexpert.com/showthread.html?p=5706743&posted=1#post5706743I can take no responsibility for the use of any free comments given, any actions taken are the sole decision of the individual in question after consideration of my free comments.
That also means I cannot share in any profits from any decisions made!;)0 -
mmm nice trolling0
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