We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
do you think i will be able to get a mortgage?
Comments
-
When we bought our council house on the Right to Buy scheme we did not need a deposit. Our home at that time was valued at £97K but was getting it for £70K (after the discount) Not sure if this is still done but we only bought ours 3 1/2 years ago.0
-
Yes, if the OP is getting a £22,000 discount on the property, the loan to value is already good even without a deposit. I think the OP could at least ask about a mortgage, and might be surprised.Feline_friendly wrote: »When we bought our council house on the Right to Buy scheme we did not need a deposit. Our home at that time was valued at £97K but was getting it for £70K (after the discount) Not sure if this is still done but we only bought ours 3 1/2 years ago.0 -
God! i been beging banks and an army or mortgage advisors trying for mortgage and no chance for me
45 k deposit , selfemployed owning the company i work for.. problem is my wages are low - tax efficent as the bankers call it.
no loans and credit card paid full monthly0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.6K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.6K Work, Benefits & Business
- 600K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards