Who wins the prize for the biggest MUMSNET MORTGAGE?

[NotAnOtter]

I am in the process of moving and dp and i are debating borrowing the most hideous amount of money - basically over 5 or 6 times earnings.

Anyone care to share ( feel free to name change!!) what horrors they owe?

Go on - make me feel better!

not me, we bought our maisonette as a re-possession so got it at a snip, now it worth 3 times what we paid.

70k

Sold my house and moved into rented and bought a brand new car and no mortgage(until february)

200 K.

All i can say is, don't do it. It is crippling.

So far, mine is the biggest on this thread

Bigger than ours? Oh thank God. I felt I was going to get some silly reputation...

We have a tiny mortgage by London standards, yet still have no spare money. How do other people do it?? Most people we know have a car too, and go out at least once a week. Our mortgage is about twice dh's annual salary.

Oh I thought I'd be the highest, but DG is bigger- phew

Oh god, NAO. I wouldn't dare!

we couldn't face getting a huge mortgage so we moved to the other side of the world where we now own a house mortgage-free

bit extreme I know - but we looked at the size of my friends' mortgages and just thought - no, can't cope. I bet there are people who have borrowed bigger multiples! How do you get a mortgage lender to lend you that much, out of interest?

Yes, bigger than yours DG

I'm sure it won't be THE biggest. When someone posts a bigger one I'll let you know!

no one near yet

I don't think dh would want me telling you his salary, but suffice it to say, our mortgage is not 5 or 6 times earnings. We struggle every single month. I would not recommend doing what you are thinking of doing NAO.

oh tell us pablo and otter please

my friends is £400,000....but then she is getting a divorce and selling now.

See, mine is no longer the largest!

Ours is big but it's manageable and it's certainly not crippling us. That would be my shopping habit

jajas - what value is your house though. if its worth 1m then 350 isnt that bad. if its worth 275 then its shite

mine is more than jajas now and we are looking to move
I need a white as a sheet emotion really.

either that or a crazed one!

Will it kill you to pay it back, NAO?

Why do you need to move?

yes .... and no we dont even have much equity...