russell
FH is my second home
- Joined
- Apr 6, 2008
- Messages
- 1,898
So I need to do some work on the house (single storey extension, knock through kitchen etc) as it's tired and we are running out of space. Will cost about 25k.
Had the house valued over the summer and we have £187,000 equity. But Mr Russell is now self employed and so with his declared wage we no longer meet the new 'affordability' calculation even tho we both are lucky enough to work full time.
Should I look to move my mortgage elsewhere as Nationwide are exceedingly cautious? Or is that just silly as we have been with them for such a long time and get a 2.5% rate.
I don't want to make a silly decision, but the state of my downstairs is depressing me.
Advice please and yes ... Stop whinnying woman is valid I suppose...
Had the house valued over the summer and we have £187,000 equity. But Mr Russell is now self employed and so with his declared wage we no longer meet the new 'affordability' calculation even tho we both are lucky enough to work full time.
Should I look to move my mortgage elsewhere as Nationwide are exceedingly cautious? Or is that just silly as we have been with them for such a long time and get a 2.5% rate.
I don't want to make a silly decision, but the state of my downstairs is depressing me.
Advice please and yes ... Stop whinnying woman is valid I suppose...