is there a website that gives you on line mortgage advice (independent). I have a scenario which I have put on here before but got vague answers on - as an accountant I understand all of the numbers but still dont understand how much I can borrow, what % deposit I would need, how much I can re-mortgage on my current home (BTL).
This is frustrating as until I know how much I can borrow and how/if it can be structured then how do I know what I can afford! I have rang my current bank but they gave vague answers .....the feeling I'm getting is that I should get a tenant lined up for my current home, put in an offer for a new home, have it accepted and then, only then, will we have the discussions then how/if it can be financed, whether interest only is an option, how much I can borrow on my current home
etc etc
This is frustrating as until I know how much I can borrow and how/if it can be structured then how do I know what I can afford! I have rang my current bank but they gave vague answers .....the feeling I'm getting is that I should get a tenant lined up for my current home, put in an offer for a new home, have it accepted and then, only then, will we have the discussions then how/if it can be financed, whether interest only is an option, how much I can borrow on my current home
etc etc