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Really confused - trying to find a Right to Buy Mortgage
Mojo100
Posts: 1 Newbie
Hello
Im am trying to find a good, reasonable Right to Buy mortgage. I have a 60% discount and would be looking for a 15 year fixed repayment of around £50K. I have a strong income that will easily cover the repayments.
However, trying to identify the banks/bldy socs that *do* RTB mortgages is proving more difficult than I ever imagined.
Im finding lots of brokers, presenting themselves online as advisors ... but all of them are giving indicative rates and not declairing the banks/bldg socs.
I must have read every guide to RTB process I can get my hands on but no where has it said that I will struggle to identify a lender.
Is there a secret rule which says I can only apply for a RTB mortgage in person an on a paper application? Nowhere has offered me an online application process. :-(
If anyone could give me any advice on the safe steps to finding a reasonable (and credible) RTB lender, I'd be really grateful. Any other advice thrown in would be welcomed too.
Thank you for listening!!!
Mojo
Im am trying to find a good, reasonable Right to Buy mortgage. I have a 60% discount and would be looking for a 15 year fixed repayment of around £50K. I have a strong income that will easily cover the repayments.
However, trying to identify the banks/bldy socs that *do* RTB mortgages is proving more difficult than I ever imagined.
Im finding lots of brokers, presenting themselves online as advisors ... but all of them are giving indicative rates and not declairing the banks/bldg socs.
I must have read every guide to RTB process I can get my hands on but no where has it said that I will struggle to identify a lender.
Is there a secret rule which says I can only apply for a RTB mortgage in person an on a paper application? Nowhere has offered me an online application process. :-(
If anyone could give me any advice on the safe steps to finding a reasonable (and credible) RTB lender, I'd be really grateful. Any other advice thrown in would be welcomed too.
Thank you for listening!!!
Mojo
0
Comments
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Why not see a broker face to face?0
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There are independent mortgage brokers working wholly online that could help you with this - I know because we are one.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
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