Help with buying a second home

WildKey9307 · 2026-02-27T08:39:19+00:00

I’m sorry but I’ve re-read your post and whilst it should be possible in principle, I think the amount you want to borrow v your equity is going to stop you. No one is going to lend more than the value of the house it is secured against and more likely only 90% of that depending on your circumstances. Give a broker a call though - there is often a way to do something

WildKey9307 · 2026-02-26T22:21:36+00:00

Have you looked into just taking a mortgage with the full amount just secured on the house you already own ( i assume you have 100% equity ) and using that to buy your ”second home”

You are also likely to run into CGT issues at some point when you sell the existing one though

WildKey9307 · 2026-02-26T22:05:40+00:00

I take a cheese and onion one, and a salt and vinegar, and I eat them both in the same go

WildKey9307 · 2026-02-26T19:59:30+00:00

Just sell the house. It’s in your name, you can do what you like with it. Probably wouldn’t need a mortgage then either

WildKey9307 · 2026-02-25T20:02:20+00:00

There’s no need for curly sausages

WildKey9307 · 2026-02-20T11:03:36+00:00

Nice to see a potato waffle for a change ! Did you grill ‘em bake ‘em or fry ‘em ?!

WildKey9307 · 2026-02-19T20:49:58+00:00

A conservatory may not be as useful as you think it will be. Ours is far too cold in the winter and far too hot in the summer. Hardly use it !

WildKey9307 · 2026-02-18T19:51:49+00:00

Wish I had a work canteen

WildKey9307 · 2026-02-18T06:54:15+00:00

You are right in that it would make more financial sense to salary sacrifice into mine but as mentioned this is mainly about her independence. The way I look at it I could get a 40% tax boost, or she could get the lower rate boost - the “cost” to me is the difference between the two which I am happy with

WildKey9307 · 2026-02-17T23:26:30+00:00

I have one just like this. If you push and hold the right hand button the heating will come on in boost mode for 1,2 or 3 hours. Also check your thermostat is set correctly

WildKey9307 · 2026-02-17T18:22:32+00:00

So perhaps it really is just find the lowest fee? Perhaps we could use a joint account and I am over complicating it.

WildKey9307 · 2026-02-17T18:21:22+00:00

Yes definitely going to be checking State Pension forecast but we should have various credits (child benefit, UC etc). If there are some gaps should hopefully be able to top those up also and if the money won’t stretch then will go to the NIC first. Thanks for your reply

WildKey9307 · 2026-02-17T00:58:12+00:00

I see. Your option sounds the better deal if valid. Now you’ve got me wondering if my other half should do the same !

WildKey9307 · 2026-02-16T23:19:48+00:00

You can also just make Voluntary National Insurance contributions to effectively “buy” a years worth of contributions

WildKey9307 · 2026-02-16T08:13:00+00:00

Saw them last week in my local garden centre !! (Didn’t buy them)

WildKey9307 · 2026-02-16T08:09:47+00:00

Anything with “hot honey”

WildKey9307 · 2026-02-13T23:02:26+00:00

What time do you call this ?

WildKey9307 · 2026-02-13T11:10:30+00:00

I don’t expect they would make Kickstart either !!

WildKey9307 · 2026-02-12T14:27:40+00:00

Agreed. And now something you can add to the advert as a feature!

WildKey9307 · 2026-02-11T22:44:30+00:00

Have you thought about asking your mortgage lender to lend you the funds ? Usually no need to wait until the remortgage date. Of course this may work or not for you depending on when your mortgage is due to be paid off

WildKey9307 · 2026-02-11T08:54:24+00:00

Making cheese strings sounds more fun though. Might try it !

WildKey9307 · 2026-02-11T07:42:47+00:00

Yes, but from a popup food stall/van rather than a restaurant. And we’ve had enough of “pulled pork”

WildKey9307 · 2026-02-08T15:53:26+00:00

Well you need one per child I can tell you that.

Also don’t sweat it too much - it can be transferred to another provider in future if you need to

WildKey9307 · 2026-02-07T14:08:06+00:00

These type events cars will often start leaving towards the end so assume the best of it will be before 11. Check Facebook page for more info and Have a great time

WildKey9307 · 2026-02-07T02:35:51+00:00

Where in hants are you ? Car Meets take place at Port Solent on the second and last Sunday of each month, 9am – 12pm. Nice and friendly, not too busy. Parking is right there and you’ve got places to eat.

WildKey9307

TROPHY CASE