Butterflygirl83
Registered User
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- 10
Trying to sort out a mortgage application at the moment for a new house. I will be a second time buyer. House has been valued and I hope to have 70k+ profit left over once we pay off my current mortgage. The property I want to buy is 205k and I am looking for a mortgage of 135k. But the banks I have approached wants me to sell this house first before applying for the new mortgage as I don't have the cash deposit required. Is there any way around this? I don't really want to sell up with no security of actually getting the new mortgage! It all seems a bit nuts.
Thanks.
Thanks.