Went on the market yesterday, had 2 viewings and it just sold for full asking price to landlords so there is no chain
Spoke to a great mortgage advisor, we can stay with Abbey but change to a interest only, so wont have to pay £4500 redemption fees. Then as long as we don't go over 85% property value we can self certify for another interest free mortgage, therefore putting up what we can look at paying to around £180k. Our repayments would be about £20 more a month than what we are currently paying, so we can put a little bit back each month into a savings account, more when Matt gets payrises and qualifies.
Now to find a house!!
Spoke to a great mortgage advisor, we can stay with Abbey but change to a interest only, so wont have to pay £4500 redemption fees. Then as long as we don't go over 85% property value we can self certify for another interest free mortgage, therefore putting up what we can look at paying to around £180k. Our repayments would be about £20 more a month than what we are currently paying, so we can put a little bit back each month into a savings account, more when Matt gets payrises and qualifies.
Now to find a house!!