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buying a new house while already owning one??

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Old Nov 14, 2006 | 09:47 AM
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Default buying a new house while already owning one??

Im tempted to buy a house near me.

now i already own on thats a joint mortgage with my ex. could i borrow against my current house??

my house is worth around £30k more than what i paid for it, and it was still cheap at the time.
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Old Nov 14, 2006 | 09:56 AM
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Thats the way me and my girlfriend were going to do it, use the equity in our house and get a interest only mortgage.

Smudge
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Old Nov 14, 2006 | 10:00 AM
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will it be ok to do if the gf and me have split up?
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Old Nov 14, 2006 | 10:22 AM
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Could be a small problem there mate.........

Smudge
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Old Nov 14, 2006 | 10:35 AM
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yea
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