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Implications of buying a repossession?
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outlooker
Posts: 9 Forumite
Hi guys
Looking at a 90% LTV mortgage
And should have no probs with this
What are the implications of me purchasing a repossession? On the part of the lender and their enthusiasm to lend to me?
Cheers
Looking at a 90% LTV mortgage
And should have no probs with this
What are the implications of me purchasing a repossession? On the part of the lender and their enthusiasm to lend to me?
Cheers
0
Comments
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As long as the property is suitable security for the mortgage, the lender will not care too much about the property having been repossessed.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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