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Mortgage broker - ask me anything
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Thanks, I guess I'm getting confused with something like applying for a loan/credit card and outstanding debt.K_S said:@smallblueplanet Unless I've misunderstood your question, mortgage debt that is being paid off (replaced with a new mortgage) as part of the move is disregarded for affordability purposes.
It is indeed the total amount that you're looking to borrow as part of the move that will be used to assess your affordability.
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