The house is worth approx. two hundred and forty thousand.
Amount outstanding is £37000.00
We have 1 child aged 12
my income is about £19000 per year
my wife's is about 11000 per year
but she has many shares with many companys..
don't know how much, she kept it secret..
my wife sold her house she owned, and sold some shares, the rest of the money she took out a mortgage for about £45000.00. she funded
all the money. But then left employment, to bring up our son..It was left to me pay the mortgage, for a few years, until she started work again.
I also added value to the property by paying for a conservatory, and house improvements.