Stagefright replied to the topic We’re Stuck? in the forum Help Needed! 18 years, 8 months ago
Thank you Raymond for your response.
The company title apartment is still untenanted. We’ve had a buyer on the hook for some time who can’t seem to make up his mind, and have been waiting for his definitive answer before renting it out. So yes, you’re right.. the actual figure we’re paying at the moment with us paying the full mortgage is much…[Read more]
Stagefright replied to the topic We’re Stuck? in the forum Help Needed! 18 years, 8 months ago
We refinanced at the top of the market a few years ago, borrowing up to the maximum amount of equity against value available at the time. Now the property would i expect be valued significantly less, and as most lenders will only lend up to 80% on company title, there’s no equity left to draw on unfortunately.
So yes, like many others i expect…[Read more]