We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Getting a loan for a deposit?
Comments
-
You cannot borrow the deposit to participate in the Government schemes.
Some lenders will allow you to borrow your deposit for a standard purchase - subject to overall affordability.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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 -
"it is not a lot, but deposit would be from a loan?
do we have any chances?"
You won't find a mortgage lender who will accept that, nor a personal loan provider who will lend for that reason0 -
"it is not a lot, but deposit would be from a loan?
do we have any chances?"
You won't find a mortgage lender who will accept that, nor a personal loan provider who will lend for that reason
If it's not a lot, then the money can be saved up quicklyEarly retired - 18th December 2014
If your dreams don't scare you, they're not big enough0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards