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Dellgirl
Guest
Heres a sticky one.
My fiancee and I have just split up. We bought a house togeather a year and a half ago and took out a second mortgage to extend the house. Everything came to about €380,000. The house has appreciated in value and would now sell for €485 - €490,000. to buy him out I would need at least €60g. I am gettting 2 tennents in and that will bring in €800 a month in rent. I earn 36-40g myself. I have to apply to the bank for a top up on the mortgage to buy him out and Im not sure how the whole thing works. Can anyone advise me on where or how to go about the next steps that have to be taken or has somebody been in any similar sort of situation? All halp and advice appreciated.
Thanks.
My fiancee and I have just split up. We bought a house togeather a year and a half ago and took out a second mortgage to extend the house. Everything came to about €380,000. The house has appreciated in value and would now sell for €485 - €490,000. to buy him out I would need at least €60g. I am gettting 2 tennents in and that will bring in €800 a month in rent. I earn 36-40g myself. I have to apply to the bank for a top up on the mortgage to buy him out and Im not sure how the whole thing works. Can anyone advise me on where or how to go about the next steps that have to be taken or has somebody been in any similar sort of situation? All halp and advice appreciated.
Thanks.