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Advise on getting a mortgage!
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Many lenders do not like the deposit coming from a loan. Santander are ok with it but jesus... I wouldn't touch them with a bargepole.The J is a Financial Advisor-This site doesn't check anyone's status and as such any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Always seek professional advice.0
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Tell us about the flat.
Construction? High rise? Floor your flat occupies? (as in 4/10).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 -
kingstreet wrote: »Tell us about the flat.
Construction? High rise? Floor your flat occupies? (as in 4/10).
Its a maisonette flat over over 2 floors its not in a high rise but its one of 5 flats over 2 floors with shops being at the bottom.. construction wise its made from standard material i guess...renting it will be a doodle for me its 2 mins away from a tube stn0 -
Going to mortgage brokers any idea as to how to approach them0
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Being a flat above commercial premises will exclude many lenders.
How much would you expect it to bring in each month in rent?I am a Mortgage AdviserYou 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.0 -
Many lenders do not like the deposit coming from a loan. Santander are ok with it but jesus... I wouldn't touch them with a bargepole.
Is this true? I thought no lender would take a loan as a deposit.
I second not touching Santander as a lender, if the practice above is actually true it goes to show how stupid they are.Thinking critically since 1996....0 -
Are there no parks your children can play in? Mind you, this is London you're talking about right? They're probably all on fire. The parks, I mean. Not the kids. But it's only a matter of time. Only a matter of time.0
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