Q&A

Answer a question




17 January 2013

This a very long story but i will try to condense. I have 2 mortgages one is my house 115000 left of mortgage valued today at 160000 with ERC of £2000

iam annoyed because although yes its hasnt been making money, the rate on the flat is about to go down to a level where it will break even maybe a little profit.This seem to make no differenece as they not concerned with whats is going to happen as much as what has been happening.its doesnt matter if i get 1000 pcm and mortguage is 100 pcm the fact in the past its hasnt been profitble means that wont lend to me.Its seem a really redundant way of working.

  • REPORT This comment has been reported.

9 Answers

Answers


Be the first to comment

Do you want to comment on this article? You need to be signed in for this feature

Similar Questions


Be the first to ask a question

  • {{ question.title }}

    {{ question.authorName }} On

    {{ question.answerCount }} Answers

Copyright © lovemoney.com All rights reserved.