Hi, I'd be very grateful to anybody who knows about these things and can give me an answer. Obviously, I will need to contact a mortgage advisor at some point, but it'd be useful to have a ballpark figure.
Main earner: £50,000/year in very secure job, aged 48.
Second earner: Started working for themselves only last month. Based on similar work they've done in the past, their estimated profit for the first year is likely to be around £20,000. Not expected to increase massively for the next few years.Aged 47
Assets: Current house worth approx £300,000 (£70,000 left to pay). We also have an apartment which were rent out and is worth approx @110,000 (£50,000 left to pay). We don't make much monthly profit out of it but it's paying itself off.
No other debts, including credit cards, no major outgoings apart from food, bills and the usual stuff. Three kids aged 8 to 12 in state education.
Thanks in advance!
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GreenMarkerPen4myHen · 09/09/2020 12:03
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