Advice re mortgage please?

biscuit.lover

Right thats great thanks...I'll speak to my lender next week and take it from there :-)

Cheers guys

Thrugelmir

Why haven't you marketed your existing property?

biscuit.lover

Hi Thrugelmur

We visited the 'site' to enquire about future development being aware that all smaller houses had been sold. However earlier that day a house had become free due to buyers backing out. Its got a lot going for it so we didn't want to lose the opportunity.

I was originally going to rent out my existing home but I have decided against doing that. Also that I have a large amount of capital just sitting in the bank.

It would appear...and I'm hopeful, that I'll get a residential mortgage based upon the fact that my current house is for sale. (It should be on the market now but my mother-in-law died and husband is away dealing with that, it's just circumstances thats all).

:-)