Negative Equity & owned with brother

JNSparkle

Registered User
Messages
1
hi there,

Looking for advice on my current situation.

Bought house = 10 years ago
100% mortgage - I know stupid decision
Term Left on loan = 25 years
Bought for = 282,000
Left = 230,000
Value = 180,000
Bank = ptsb
Tracker mortgage
Current savings = 6k
Shares due in 2 years = approx 30k
Combined salaries = 114,500

Bought the house with my brother just to get the mortgage at the time. He never lived there but did contribute to the mortgage for a few years - very good brother. Have agreed on a figure of 15k to pay him back and have given him 4K so far. Has agreed to then be taken off the mortgage.

I got married last year and we would like to trade up and are planning how we can do this.

Any advice on the ptsb mover mortgage they are running?

Many thanks
 
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