do i have to say whats the moneys for ???

_Andy_

cookie1003 wrote: »

i do appreciate people trying to help me but when he said "he will leave me to make my fraudulent application". when i didn't say that is what i was going to do, i wanted help in what to ask. & calling someone else a "moron" who gave advice (yes, maybe the wrong advice).
this sort of help isn't called for & doesn't help anyone.

Personally I think suggesting someone should knowingly make an illegal application is moronic.

_Andy_

cookie1003 wrote: »

so calling someone a moron is acceptable.

Yes, when they're basically saying "hey, fraud is cool - do it!"

opinions4u

cookie1003 wrote: »

thanks for making it clear, so could i mortgage my unfinished house if they say they couldn't let me remortgage my home.

If the property is incomplete you run the risk of a valuer indicating that it is unsuitable for mortgage purposes.

So there is no guarantee.

If you take an unsecured loan (at higher rates than a mortgage loan) then you're right, you can usually do whatever you want with it.

Equally, I'm not aware of an unsecured loan provider who won't ask the question "what is the money for".

jamesd

Ask a mortgage broker. People doing self-builds can get mortgages on the property that they are building, so you'll probably find a decent deal available to you. That may include clearing the mortgage on your current property or porting it to the one you're building. First thing you could do is phoen your current mortgage lender and ask whether they have any suitable product. They will want to know which property you plan to live in long term.

cookie1003

jamesd wrote: »

Ask a mortgage broker. People doing self-builds can get mortgages on the property that they are building, so you'll probably find a decent deal available to you. That may include clearing the mortgage on your current property or porting it to the one you're building. First thing you could do is phoen your current mortgage lender and ask whether they have any suitable product. They will want to know which property you plan to live in long term.

thanks i'll ask them & take it from there.