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Moving home with negative equity.

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Hi all,

Me and my wife currently own a 2 bed mid terrace with no garden with £67k left on the mortgage, our house is valued at £55k. There is a house for sale further up my road (a 3 bed semi with a huge garden) for sale at £85k.

Taking in to consideration our negative equity and combined wages enabling us to lend £137k.....

Is there ANY way the move is possible?

We would even consider keeping our current house and renting it out if this is a possibility!

We are DESPERATE for a move so our daughter can have a garden to play in and so we have somewhere to relax in the summer!

Thanks

Rob

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