we currently owe £122,000 on our current house. It is worth an estimated £140,000. We would like to rent it out and buy another house for £200,000. We only have enough for a 5% deposit. anyone think this is even remotely possible? Currently missing the days Northern Rock would offer me £260,000 even though at the time I could never have made the first payment!!!! Joint income of £67,000 Am I just dreaming?? Potter
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04 September 2012