A large home and a six-figure salary can make someone look financially bulletproof – but property wealth does not necessarily mean spare cash.
This week’s Money Problem reader Gerry is 64, earns over £100,000 a year and lives in a £3 million five-bedroom house in beautiful Berkshire.
Yet he’s in panic about a £70,000 debt he owes his dad and the fact he’s hidden it from his wife.
Wondering whether a taking a further advance on his mortgage could make his problems disappear, he asked Metro consumer champion Sarah Davidson for her views on the matter.
The question…
I earn £110,000 a year and my wife and I live…