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dad buting a house
fkelanne
Posts: 706 Forumite
hiya all, my dad is thinking of buying another house for me and my two children. The house we have seen, the seller is wanting 40k for it.
Can he get a mortgage without putting his house he lives in as equity?
also, can he say they want 50k for it so we have 10k for a depoist?
Can he get a mortgage without putting his house he lives in as equity?
also, can he say they want 50k for it so we have 10k for a depoist?
savings for 2012.. New year new me.. Going to save save save... and not spend spend spend. :rotfl:
WANT £7000 BY JAN 2012.
Jan -£80
Feb -
March-
WANT £7000 BY JAN 2012.
Jan -£80
Feb -
March-
0
Comments
-
also, can he say they want 50k for it so we have 10k for a depoist?
Nope fraud, but would not work anyway as your lender and solicitor will want to see the £10000 to be paid along with the £40000mortgage."If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools"
Extract from "If" by Rudyard Kipling0 -
ok thanks we have the 10k just wanted it to spend on the house as it needs some work doing to it.savings for 2012.. New year new me.. Going to save save save... and not spend spend spend. :rotfl:
WANT £7000 BY JAN 2012.
Jan -£80
Feb -
March-0 -
was there not a mortgage a few years back called a venders deposit? are the still around?savings for 2012.. New year new me.. Going to save save save... and not spend spend spend. :rotfl:
WANT £7000 BY JAN 2012.
Jan -£80
Feb -
March-0
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