We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Mortgage advice
Mimi86
Posts: 36 Forumite
Hi
I was hoping for a bit of general advice regarding mortgages. The last one I took out was very simple but things seem a bit more complicated to me and I'm not sure whether I can consider moving home.
Essentially I have a home which is currently rented out and the mortgage is fully paid - I paid 238 about 7 years ago
I have about 120 in deposit.
I want to buy a flat in london but the mortgage calculators I find just use my salary as the basis. Do my assets have any impact on the mortgage I am able to obtain?
Thank you
I was hoping for a bit of general advice regarding mortgages. The last one I took out was very simple but things seem a bit more complicated to me and I'm not sure whether I can consider moving home.
Essentially I have a home which is currently rented out and the mortgage is fully paid - I paid 238 about 7 years ago
I have about 120 in deposit.
I want to buy a flat in london but the mortgage calculators I find just use my salary as the basis. Do my assets have any impact on the mortgage I am able to obtain?
Thank you
0
Comments
-
What assets are you referring too?0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards