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A short term mortgage?
6022tivo
Posts: 818 Forumite
Just a quickie
I need a short term 40% mortgage on a 2nd property.
Will pay it off when the 1st property sells in the year.
Off the top of peoples heads who have been looking recently, what if any recommendations does anyone have?
Will be around 60k
Thanks in advance.
I need a short term 40% mortgage on a 2nd property.
Will pay it off when the 1st property sells in the year.
Off the top of peoples heads who have been looking recently, what if any recommendations does anyone have?
Will be around 60k
Thanks in advance.
0
Comments
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Any lender or product free of early repayment penalties, which suits affordability and loan to value.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
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Thanks, just looking through via the google comparison thing.
I have a fill RICS property valuation done a couple of weeks ago, will a mortgage lender insist on another one being done through them, or will they accept my privately paid one?0 -
Probably require a mortgage report & valuation done by a panel surveyor.
If surveyor you used is on panel, they may allow a "retype" but they will usually charge their full fee, as many lenders pile an admin fee on top of the payment to the surveyor.
Retype of HomeReport different in Scotland.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
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