Friday, November 2, 2018

Can I get a second mortgage?

I currently have £175K left on a mortgage and am paying £617 a month.

My total out goings on everything amount to £1,500 a month and I have £1,600 left to save / do what I like with.

I earn 50K gross a year before any tax ect and I'm in perfect credit and have no financed items such as a car ect.

What's the likelihood of achieving another mortgage for another property at the same time. Looking at a 50K deposit. Would a 200K mortgage seem plausible?

Thanks!

Read more: https://allmortgage.net/forum/can-i-get-a-second-mortgage.html