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Own Home Scheme Pros and Cons
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Thanks
Its weird, I still aint excited because I've had so many setbacks I'm expecting another! Only 10 days now though, woohoo!0 -
I know how you feel! I didn't get excited about our house until I had the keys in my hand!0
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Congrats Tek-monkey !!!! Im really happy for you...... im still doing stuff to my flat and prob will be for the next year.... but its great !!!
Happy Xmas Everyone and heres to our 1st Xmas in our new homes !!! x0 -
tek-monkey wrote: »Thanks
Its weird, I still aint excited because I've had so many setbacks I'm expecting another! Only 10 days now though, woohoo!
Did you pick your keys up today?Debts at :idea: moment £31,500
[STRIKE]Debts as @ 28 June 2009 £15,654[/STRIKE] [STRIKE]Debts as @ 25 July 09 £7,264 [/STRIKE]:j[STRIKE]Debts as at 8 Sept 09 £6,590 [/STRIKE]:T Debts as @ 10 October 09 £5,976:j:j
Official Debt Free Wannabee- Nerd Club Member Number 742..........Longhaul supporters club member-Number 72
Proud to be dealing with my debts! Love this forum :grouphug:0 -
I have a 50% share but want to staircase to 100%. I'm currently on 1% above base on the mortgage part. I wanted to buy the rest, but the mortgage company said I need 20% deposit on the whole flat, which means I need 26K! Has anyone else encountered this problem?0
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hugahoodie wrote: »I have a 50% share but want to staircase to 100%. I'm currently on 1% above base on the mortgage part. I wanted to buy the rest, but the mortgage company said I need 20% deposit on the whole flat, which means I need 26K! Has anyone else encountered this problem?
Hi
Which scheme are you referring to? The scheme under discussion here is the ownhome scheme. Participants do not pay interest for the first 5yrs and as far as I know, it hasn't been around for that long so no one should be paying interest at this point.
Having said that, I think the bank will require a deposit if you are buying 100% of the property.Debts at :idea: moment £31,500
[STRIKE]Debts as @ 28 June 2009 £15,654[/STRIKE] [STRIKE]Debts as @ 25 July 09 £7,264 [/STRIKE]:j[STRIKE]Debts as at 8 Sept 09 £6,590 [/STRIKE]:T Debts as @ 10 October 09 £5,976:j:j
Official Debt Free Wannabee- Nerd Club Member Number 742..........Longhaul supporters club member-Number 72
Proud to be dealing with my debts! Love this forum :grouphug:0
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