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Negotiating a 10% deposit mortgage
kevinlad
Posts: 34 Forumite
I’m moving home and found a house I really like but for the price I only have a 10% deposit to put down. My building society requires a minimum of 15% deposit. I know there are a few 10% deposit mortgages around but I would prefer to stick with my building society as first, I don’t need to pay an arrangement fee and second, I could save the early repayment charge (which would be about £1000 for me).
Do you think it’s worth speaking to them in person to negotiate? What is the chance of getting them to say yes?
Do you think it’s worth speaking to them in person to negotiate? What is the chance of getting them to say yes?
0
Comments
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I would definitelly make an appointment and go in and have a chat with them. If they know they'll lose your business otherwise, they might see what they can do.saving up another deposit as we've lost all our equity.
We're 29% of the way there...0 -
Make an appointment to go and see an advisor and ask. its probably unlikely, but you never know.0
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