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Buying before selling???
Prosecco22
Posts: 7 Forumite
Currently progressing towards buying a new property. This purchase does not depend on selling our current property as we have the funds for the deposit/ fees/ stamp duty.
Our current property is up for sale, been on the market 40 days and had 5 viewings and one coming back to look again.
Affordability wise i can afford both mortgages if needed.
Interested in any advice regarding this situation? Anything i need to be aware of
Our current property is up for sale, been on the market 40 days and had 5 viewings and one coming back to look again.
Affordability wise i can afford both mortgages if needed.
Interested in any advice regarding this situation? Anything i need to be aware of
0
Comments
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Second property 3% SDLT surcharge?Prosecco22 wrote: »Interested in any advice regarding this situation? Anything i need to be aware ofI am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Prosecco22 wrote: »Affordability wise i can afford both mortgages if needed.
Your affordability basis or the lenders.
Not just the mortgage either, but all the running costs to consider.0 -
Both
We didnt intend on ending up with a property left to sell just things moved so quickly. Might auction it if needed0
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