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Re: Buying 2nd Home but on another mortgage

  •  Tue, Aug 18 2009, 4:52 PM

    Re: Buying 2nd Home but on another mortgage

    I was in a similar position and spoke to my mortgage adviser yesterday who said that having mortgages "in the background" i.e. having another mortgage on another property can put some lenders off. You should still get a mortgage but maybe just not so competitive a rate, especially with only 10% deposit.
    • Post Points: 5
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