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FTB-So many mortgage choices

Long time reader and admirer here.

Comments

  • JoeK_3
    JoeK_3 Posts: 1,374 Forumite
    As you have little or no experience of the property market, you will need an extremely capable and competent mortgage broker to hold your hand throughout.

    Buying one property to live in is easy but property development and speculation is different.

    I have one or two concerns however about some of the things that you have written, especially, ' I really could care less if property prices skyrocket or bomb as long as I could make enough to move on to the next property,' as that does not sound like a property developer/speculator.

    All the very best

    JoeK
    I am an Independent Financial Adviser.
    Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. Different people have different needs and what is right for one person may be different for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.
  • Cornball
    Cornball Posts: 256 Forumite
    edited for personal reasons. :)
  • jacquij123
    jacquij123 Posts: 188 Forumite
    Hi, no expert but I dn't think a £220,000 mortgage with an income of £23,000 is going to happen?
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