New Posts For Thread: Mortgage advice neededhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25580805/mortgage-advice-neededMy cousin's main asset is his house which he needs to remortgage to raise 50% of its value to pay his sister her share of their inheritance.He's missed some payments on loans/credit cards (no CCJs but has been a bit muddled with his finances) but wilNot getting a mortgage could be a blessing in the current market. Most sensible thing to do is sell up now while prices are holding up, pay off unsecured debts, put the rest in gold/silver/oil, find somewhere nice to rent, then dip back into the prohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25580805/mortgage-advice-needed?post_id=461337373#461337373Not getting a mortgage could be a blessing in the current market. Most sensible thing to do is sell up now while prices are holding up, pay off unsecured debts, put the rest in gold/silver/oil, find somewhere nice to rent, then dip back into the proWed, 11 Aug 2010 06:18:01 -0500Sorry, that should say:I've worked out that if he can fix at around 5 or 6 per cent (not sure if that's realistic) he will be paying out less on his mortgage than he is paying servicing his current loans.https://community.betfair.com/tradefair__financials/go/thread/view/94198/25580805/mortgage-advice-needed?post_id=461117497#461117497Sorry, that should say:I've worked out that if he can fix at around 5 or 6 per cent (not sure if that's realistic) he will be paying out less on his mortgage than he is paying servicing his current loans.Mon, 09 Aug 2010 16:45:59 -0500My cousin's main asset is his house which he needs to remortgage to raise 50% of its value to pay his sister her share of their inheritance.He's missed some payments on loans/credit cards (no CCJs but has been a bit muddled with his finances) but wilhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25580805/mortgage-advice-needed?post_id=461117181#461117181My cousin's main asset is his house which he needs to remortgage to raise 50% of its value to pay his sister her share of their inheritance.He's missed some payments on loans/credit cards (no CCJs but has been a bit muddled with his finances) but wilMon, 09 Aug 2010 16:43:54 -0500