i am 60 years old and have 5 years left on the interest only mortgage
we bought the house 8 years ago for 125,000 at the height of the market
theres 117600 outstanding, we had 3 valuations done 120000,129995, and 130000 estate agencie fees range from 1.25 to 2 percent plus vat , and it also needs a energy certificate.
other assets we have , we both have cars, furniture and electrical items
i am self employed video editor and have a studio at home my income is varible obviously with what work i get in , my income varies from 12000 to 30000 per annum my wife works part time and has a small antique business i don't know what her income is, i paid all the bills , we got married in 1987.
we have 2 grown up daughters , one is 25 and a single mother and lives in liverpool the other is 17 and lives with her mum