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Loan or extend mortgage??
Hi all... looking to pay off some debts and extend the house.. just pondering which would be best a bigger mortgage or a secured loan???
Here are the figures:
Existing mortgage £140000
Property value £280000
Looking to borrow £65000
Debts £25000
Extending costs £40000
Had the house for a year - A1 credit history.
Joint income of around £65000
One problem is we are both self employed and do our own tax returns so do not have audited accounts.
Looking to pay around £500-600 back a month.... any advice would be marvellous!!
:T
Here are the figures:
Existing mortgage £140000
Property value £280000
Looking to borrow £65000
Debts £25000
Extending costs £40000
Had the house for a year - A1 credit history.
Joint income of around £65000
One problem is we are both self employed and do our own tax returns so do not have audited accounts.
Looking to pay around £500-600 back a month.... any advice would be marvellous!!
:T
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