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Posted: Wed Feb 25, 2015 7:31 pm
by Adrian.86
MY INCOME IS 13000 POUND A YEAR MY PROPERTY IS WORTH 160000 AND I OWE THEM 100000 MEANS I HAVE AN EQUITY OF ABOUT 60000 BUT WITH SUCH A LOW INCOME WILL I B ABLE TO REMORTGAGE MY HOUSE ??
Posted: Wed Feb 25, 2015 7:46 pm
by Mortgagesteve
Hi Adrian,
Sorry to say but no.
Without more income lenders would decline you a mortgage.
Any more income?
Could someone guarantee the mortgage for you - parents, grand parents, brother or sister?
Regards
Steve
Posted: Wed Feb 25, 2015 9:06 pm
by luluj
Welcome to the forum Adrian.86
Are you looking at a debt solution hence consideration for a remortgage or for some other reason ?
If you do have debts that need resolving their are many options available for you to consider - look at the ask the experts a question section on the left hand side for a number of forum experts who may be able to help identify your best course of action.