Current mortgage 70k remaining tracker with boi. House probably worth 140k. We would like to upgrade but my knowledge of mortgages is limited.
Income of 80k and wife 25k. Both paye.
I'm hoping to use the profit from the sale as deposit.
Could anyone indicate a rough amount we could potentially borrowed?
No real debts 8k car loan ,1 year left and no credit cards. Not much in savings maybe 6k as we funded wife's university which drained most and just building it up again.
Income of 80k and wife 25k. Both paye.
I'm hoping to use the profit from the sale as deposit.
Could anyone indicate a rough amount we could potentially borrowed?
No real debts 8k car loan ,1 year left and no credit cards. Not much in savings maybe 6k as we funded wife's university which drained most and just building it up again.