95% Mortgage Advice

kazire

Just wondering if anyone can help I have been looking on the internet at properties for sale and one i was looking at said ' 95% MORTGAGES ARE AVAILABLE ON THIS PROPERTY' who would these be with the property is 130K and I am keen as i dont have enough for a 10% deposit along with all the extra costs of buying any help would be appreciated

thanks

VIGILANT22

post the link...however if you're trying to promote something then in that case don't bother..

kazire

unable to post links as i am a newbie!

this is all the info says >> Holmes and Company are pleased to offer for sale this three bedroom house in need of some updating. The accommodation comprises; downstairs cloakroom, lounge, dining room, kitchen three bedrooms and a bathroom. The property also benefits from a driveway leading to a garage and a rear garden. 95% Mortgages are available on this property (subject to status)

VIGILANT22

Call them and ask and post back here..

kazire

have just called they said the property is a reposesion and the mortgage would be through the repo company??

VIGILANT22

??...not enough info...sorry..

suisidevw

If you don't have enough cash to even lay down a decent deposit how do you plan to 'update' or will you live in it for a while until you save for the works. Bear in mind, updating can mean a LOT of work which has a great cost.......

kazire

hey ihave recieved and email and they say its through the yorkshire building society - however i have looked on the website for this offer with no avail ??? any ideas

kazire

thank you for all your assistance and opinions has made me put extra thought into everything! and i am going into this with my eyes Wide Open! the issue i face is either pay 750 rent and not get anthing back or 795 and end up with something at the end!