We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Moving House with a 110% Northen Rock mortgage!
Options
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
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards