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What are the big mortgage mistakes?

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  • sorry didn't realise you were a perfect specimen of a human (sorry geek behind a compuer screen) who never mixed up his words.
    pr@t!!
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    powerwin wrote: »
    An open question to the forum. What do you think are the biggest mistakes you can make when getting your first mortgage, and what are the common "gotchas" that you can fall for?

    Thanks

    I bought Noel Edmonds place and it was smashed up, so with that and endowments and thinking that its a house rather than an investment - steer clear.

    Wu Tang!!!
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • VIGILANT22
    VIGILANT22 Posts: 2,516 Forumite
    foxy-roxy wrote: »
    sorry didn't realise you were a perfect specimen of a human (sorry geek behind a compuer screen) who never mixed up his words.
    pr@t!!

    don't have one of those........:rotfl:
  • no you don't have any b@lls either...so stay behind your little screen thinking you are very important because i bet really you're not and this makes you feel better.

    Am so right aren't i?? lol
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    foxy-roxy wrote: »
    no you don't have any b@lls either...so stay behind your little screen thinking you are very important because i bet really you're not and this makes you feel better.

    Am so right aren't i?? lol

    U ar tha d@ddy
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    Anything where the heart rules the head!
  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    Asking the estate agent to arrange your mortgage.

    Cheapest solicitor.

    End of tie-in SVR with a lender that has more than one SVRs.

    Calculation of interest Annually, so repayments do not reduce the principal until next year.
  • The list could go on!

    A few I remember!

    Thinking your clever and can beat the bank

    Interest only with no repayment vehicle has to be a biggy

    short term when should be looking further

    Together mortgages

    Assuming you wont lose your job, health and thinking you will deffo be earning twice as much
    "Banking establishments are more dangerous than standing armies." Thomas Jefferson
    "How can I believe in God when just last week I got my tongue caught in the roller of an electric typewriter?" Woody Allen

    Debt Apr 2010 £0
  • Oh one more....

    Thinking your mate down the pub knows more about mortgages than me and then getting the !!!! when I prove him wrong and your in a mess!

    LOL that ones personal!!
    "Banking establishments are more dangerous than standing armies." Thomas Jefferson
    "How can I believe in God when just last week I got my tongue caught in the roller of an electric typewriter?" Woody Allen

    Debt Apr 2010 £0
  • VIGILANT22
    VIGILANT22 Posts: 2,516 Forumite
    foxy-roxy wrote: »
    no you don't have any b@lls either...so stay behind your little screen thinking you are very important because i bet really you're not and this makes you feel better.

    Am so right aren't i?? lol

    What do you want a fight in the playground!??......:rotfl:
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