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Deposit, but also using my child's savings

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Comments

  • ValHaller
    ValHaller Posts: 5,212 Forumite
    1,000 Posts Combo Breaker
    CKhalvashi wrote: »
    Excuse me?
    What I am saying is that your wealth is no safer than houses. It applies to all of us.
    You might as well ask the Wizard of Oz to give you a big number as pay a Credit Referencing Agency for a so-called 'credit-score'
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    ValHaller wrote: »
    What I am saying is that your wealth is no safer than houses. It applies to all of us.

    That is true!
    💙💛 💔
  • amnblog
    amnblog Posts: 12,785 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Shoey

    We don't know your full situation or figures but there is mortgage products on the market where you could use your daughters funds to help you purchase whilst keeping the money on deposit. (It doesn't go into the property).

    All the lender does is use the funds as extra security. You will need to put down 5% in cash.

    We have a page about it on our website.

    PM me if you want me to send you a link to it.
    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.
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