A good Mortgage deal!

AKK_3

Hi,

I am looking to source a mortgage to buy a 40% (88,000) share of a 220K property with a 5% deposit.

I would like a good fixed rate, for 2 or 3 years with as little cost involved as possible. Any suggestions?

Also should I use a broker?

I am going to have to spend every penny I own to buy this property, but there are all these extra costs to think about.

Solictors are the worst, charging for things like file storage! Anyone considering a SO property, make sure you go with someone who has a lot of experience with SO properties. I called one recommended by a colleague of mine and they seemed quite good. Also informed me that because its a new build, the HA maye have had surveys done and so may not be necessary for me to get done and so I can save on those fees. I am quite inclined to go with them I think!

Thanks
A:j

regularsaver1

Remember stamp duty - even though your share is below threshold - land registry have changed this for SO properties