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Selling & buying straight away.

Hi, I have an interested buyer for my home, I am eager to buy a property in Perth, Scotland asap, my fear is I am self employed and I don't want to come off the mortgage ladder if I sell I should have extra money to put down on a property that is a lot lower than I currently have i.e. the mortgage payments will be lower. Will this be a problem with my mortgage lender? I have been affording my current mortgage for 3 years.

Asked on Apr 3 2011, Home Finance in Kelty | Report content

Answers (1)

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  • The only way to resolve this would be to speak to your financial advisor and he can find out from your current lender if your circumstances have changed and they are still happy to lend to you.

    Answered on Apr 4 2011, Report content

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