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    Second time buyer - commercial / residential property

    Thanks for all this valuable feedback. I hadn't thought of an investment mortgage. We would hope to purchase it for approx 150, 000 - The value of the existing property is 180, 000. Rate are paid and update as far as I'm aware. Is it a complex process to convert from commercial property to...
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    Second time buyer - commercial / residential property

    Hello All I'm looking for some solid advice. I am a second-time buyer ( own my own property in a different county) My Partner has no previous mortgage however I understand since we will be going for a joint mortgage we are considered second-time buyers. We would like to buy a property that was...
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    Second Mortgage - Is it possible

    Thanks Chris for the reply/ It is my salary that is above the 58k required not his so maybe we will just have resort to renting a property instead of building a home.
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    Second Mortgage - Is it possible

    Thanks Chris2014 for the reply. We have plenty of land to build on. Are you suggesting build two to sell one and pay off something off the house we build to live in? I'm not sure if that would be a runner with himself but worth a mention. Thanks .. For a mortgage of 200,000 what income would...
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    Second Mortgage - Is it possible

    Hello All I'm a first time poster hoping to get advise I am looking to get a second mortgage with my partner to build a house on his site. I have a mortgage already with a remaining balance of approx 178,000. I estimate that if my house went on the market it would probably be for approx 180,000...
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