We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Moving House with a 110% Northen Rock mortgage!
Comments
-
I don't even know what the OP is thinking about here. Well actually I do. They never saved a deposit in the first place, took out a daft LTV mortgage and now have negative equity. If they had put in £20,000 of their own money, then they would not be so quick to write it off. They should just stay put, save and actually get some equity in their own property instead of pushing the responsibility onto the lender.
Or is the real reason why they want a house less than £86k so they can get their hands on some cash for this wedding ? Is NR really going to let them add to a LTV in negative equity to give them cash ? I hope not.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards