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Comments on: Mortgage Alternatives http://simplepound.meewella.com/mortgage-alternatives.php A trip down personal finance lane. Wed, 08 Feb 2012 00:29:12 +0000 http://wordpress.org/?v=2.5 By: Kirsten http://simplepound.meewella.com/mortgage-alternatives.php#comment-265 Kirsten Mon, 21 Jan 2008 23:12:00 +0000 http://simplepound.meewella.com/mortgage-alternatives.php#comment-265 Very good point. I think having a budget or at least a vague idea of your spending habits helps immensely. You will know exactly what sort of amount you could comfortably live on while someone else (like a mortgage advisor) certainly doesn't. I'd always go to an advisor with a certain figure in mind already so that you can feel rest-assured should they confirm your own findings, but at the same time you're in a position to say "That won't work". Very good point. I think having a budget or at least a vague idea of your spending habits helps immensely. You will know exactly what sort of amount you could comfortably live on while someone else (like a mortgage advisor) certainly doesn’t. I’d always go to an advisor with a certain figure in mind already so that you can feel rest-assured should they confirm your own findings, but at the same time you’re in a position to say “That won’t work”.

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By: plonkee http://simplepound.meewella.com/mortgage-alternatives.php#comment-262 plonkee Mon, 21 Jan 2008 12:01:46 +0000 http://simplepound.meewella.com/mortgage-alternatives.php#comment-262 I think this comes under "living in London is not all it's cracked up to be". If you're going to go after creative financing, you need to be very careful that you can really afford what you're going for - the mortgage advisor doesn't have to live on the budget they set out, you do. I think this comes under “living in London is not all it’s cracked up to be”. If you’re going to go after creative financing, you need to be very careful that you can really afford what you’re going for - the mortgage advisor doesn’t have to live on the budget they set out, you do.

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