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running a house
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[quote][i]Originally posted by Liam-Wilko[/i] [quote][i]Originally posted by James[/i] [quote][i]Originally posted by liam-corsa-1400[/i] how do people manage to get a hous for £100k but get a £120K morgage? [/quote] They won't do that any more, you are basically suggesting something like a 110% LTV mortgage. Say you bought a house worth £100k, borrowed £110k, spent £10k on furniture, then 6 months down the line you lost your job and they had to repossess the house. Even if they got £100k for the house, they are still down £10k. [/quote] so you cant do this i though you could oh and sorry people for my grammer i do understand im not good at spelling and i really am sorry and im not messing anyone about im just after as much advice as i can get im new to all this stuff and trying to play everything safe and all your help is good and i do apretiate it [/quote]
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