I need advice....
I own my home outright (£170,000) and want to take out a mortgage loan to finance purchase of another property to completely renovate and move into then sell my original home to pay off loan and leave myself £70,000 to put in long term savings.
What is the best way to fund this? I live alone and earn £27,900 pa
All advice gratefully accepted.
Many thanks
Sharon
I own my home outright (£170,000) and want to take out a mortgage loan to finance purchase of another property to completely renovate and move into then sell my original home to pay off loan and leave myself £70,000 to put in long term savings.
What is the best way to fund this? I live alone and earn £27,900 pa
All advice gratefully accepted.
Many thanks
Sharon