New central bank rules query

CatherineK

Registered User
Messages
7
Hi all,

We have an existing tracker mortgage of approx 250k left on it. We are hoping to get 310/320k for the sale of the house.

This year my partners earnings are down as he is an employer and is investing money in business so on paper this year his salary is not 3.5 our mortgage total. I suppose in an ideal world we would like to carry the mortgage with us to next property with equity as deposit.

Is there any leeway with the central bank rules does anyone know?

Regards,

Catherine
 
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