Does either of you have a pension lump sum perhaps? This could be used to clear the balance in part or in full.We could manage it until retirement but after 65 we'd be in serious difficulties.
arent those loans more for houses that are owned outright?Thanks Dr S, our lump sums will be modest enough unfortunately so we're looking to kick the can down the road. Ideally a lifetime mortgage that was paid on death would suit us (not too worried about inheritance etc). However there doesn't seem to be any provider in the market that will lend that much based on the house value. I think 19% is our max from an outfit called Spry.
Some cans can't be kicked far enough down the road. I think you both need to face reality and deal with the situation sooner rather than later.so we're looking to kick the can down the road.
If you continue being so coy you won’t get useful advice.modest enough
Put the house in both your names.
I wouldnt want to be facing into my 60s with Pepper breathing down my neck or putting my home at risk.
Would it be possible to sell, repay loan and buy an apartment together with the balance
will want €185,000 from her quite soon (the property is worth about €380-400k
we want to continue living here
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