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    TrueBlueAngel
    Vendor/builder gifted deposit
    • #1
    • 23rd Apr 07, 5:05 PM
    Vendor/builder gifted deposit 23rd Apr 07 at 5:05 PM
    My husband and I want to get on the property ladder but have found we have a default on our credit history. We were told we would not be able to get a 100% now but could try for a property with a vendor/builder gifted deposit. As we dont have savings and with little means to save with a family, how do we go about looking at vendor/builder gifted deposits? I have emailled estate agents (none of whom got back to me) and property builders (none of whom do or have even heard of a builder gifted deposit). Am I missing something, need to do more or will we never get on the property ladder?
    Thanks.
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