You realize home financing will definitely cost the exact same or not as much as your lease that you’ve compensated without dilemmas for decades вЂ“ you can afford the mortgage so itвЂ™s obvious.
You are struggling to make debt repayments , the mortgage lender is likely to see that and you are very unlikely to get a mortgage if you know. You’ll want to invest a couple of years having your debts right down to more levels that are easily manageable.
You are also going to find it difficult to get a mortgage if you are in a debt management plan. You might be pleased to continue spending ВЈ5 30 days with a debt that is old however the home loan company wonвЂ™t want it. More