| Related: | Personal Finance•Money•Mortgages |
I have a flat. Estimated value of property = ?110,000. Outstanding mortgage = ?52,000
I want to reduce me monthly payments increasing the number of years to between 10 to 15 years.
For remortgaging best advice from independent mortgage broker.
Hi philip724 and welcome to the forum.
As the previous answer, a decent FSA registered mortgage advisor will give you a definitive view here and no one can give you that on here as such advice needs to be preceded with a full fact find by law.
However, it will all depend on your current income and proven income into retirement I suggest.
Posts within the money.co.uk community represent the views, experiences and opinions of members only. They should not be taken as financial advice and should not be followed without further research.
Get fast answers to your money questions, Expert insight, top tips & much more...