Hello, I bought a one-bedroom flat in 1997 for £45k in London. It's now valued at £235-275k. I owe the mortgage lenders less than £30k.
My mortgage repayments per month are £250. I wish to upgrade to a two-bedroom (£350k max) but am trying to avoid huge repayments. Is a £350k flat beyond my reach? What would you advice? I do not plan to rent out the extra room as I need the extra space as part of career change.