Q&A

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.