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shared ownership with HSBC?

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  • leeds building society have changed their ltv to 90% in the past few days..
  • TEDDYRUKSPIN
    TEDDYRUKSPIN Posts: 1,528 Forumite
    Just be warned. Many shared ownship contracts may fall through at the final part i.e. moving in, with HSBC. They only really know when the main contracts are exchanged with the solicitor.

    HSBC do carry out shared-ownership but you must still put down a deposit!!! Just be aware of that.
    Motto: 'If you don't ask, you don't get!!'

    Remember to say thank you to people who help you out!

    Also, thank you to people who help me out.
  • AMILLIONDOLLARS
    AMILLIONDOLLARS Posts: 2,299 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 5 October 2009 at 10:02AM
    leeboy07 wrote: »
    leeds building society have changed their ltv to 90% in the past few days..

    Is not only in the last couple of days it was a couple of months ago. My daughter completed on her Shared Ownership purchase last week. She was lucky to get a very good fixed rate deal with the Leeds before they changed their lending criteria for SO. And she didn't need to pay an arrangement fee, or brokers fees.

    AMD
    Debt Free!!!
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