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lease car affecting first mortgage help please.
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They'll need it in one chunk to pay off the finance. You could take out a loan to cover the difference, it'll show up on your credit report but a debt of £2k will look a lot better than £16k.
Assuming you still need a car, you can always trade that one in against something cheaper and see if you can get a finance quote under your £150/month. I think you'd really struggle to refinance that one as cheaply without an incredible rate and a really long term.
Did the broker give you any other suggestions about affordability? Do you have any other way to get you to the 50% mortgage point?1 -
Hi, no he said toHerzlos said:They'll need it in one chunk to pay off the finance. You could take out a loan to cover the difference, it'll show up on your credit report but a debt of £2k will look a lot better than £16k.
Assuming you still need a car, you can always trade that one in against something cheaper and see if you can get a finance quote under your £150/month. I think you'd really struggle to refinance that one as cheaply without an incredible rate and a really long term.
Did the broker give you any other suggestions about affordability? Do you have any other way to get you to the 50% mortgage point?
clear all debt basically. He’s even said clear a £500 credit card ontop of the car. Wants the lot cleared.I’m on my way to get a corsa (3k)
hopefully I like it.Then it’s the trouble of getting the finance car settled.
i went to we buy any car a few weeks ago and they offered 11500 2k shy of what I need. I just don’t have 2k to
top
it up.And I’m in the process of using Motorway at the moment buts it’s hard to juggle around work commitments etc. and I’ve got a feeling they’ll haggle me down like we buy any car.
Im
wondering weather to sell it privately on auto trader or Facebook market place,1 -
If the car is as described, then I think motorway will honour their quote.
But, yes, you should get more selling it privately - but with significantly more hassle.1
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