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Mortgage for auction property; house and flat.

Kaz2904 · 2015-05-31 19:21:23

I have seen a property which I love :). It is for auction on 22nd July. Guide price £365000. DH and I have no money- well, perhaps £9000 floating around in ISAs- I would need to double check. We have a car loan which will be cleared by 9th July or August. I also have a credit card (0% for 23 months which I will be paying…

Comments

Kaz2904 Posts: 5,797 Forumite

1 June 2015 at 11:05AM

maninthestreet wrote: »

Why do you need another property when you already have two??

We have 1. The property we have seen is a house and flat in a small plot of land. We would live in the house and rent out the flat. We could let it fairly easily I think as we could with our current home too- especially if we actually charged a fair rental price not the eye watering prices charged by some places!

Debt: 16/04/2007:TOTAL DEBT [strike]£92727.75[/strike] £49395.47:eek: :eek: :eek: £43332.28 repaid 100.77% of £43000 target.

MFiT T2: Debt [STRIKE]£52856.59[/STRIKE] £6316.14 £46540.45 repaid 101.17% of £46000 target.

2013 Target: completely clear my [STRIKE]£6316.14[/STRIKE] £0 mortgage debt. £6316.14 100% repaid.

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