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Buying house outright vs mortgage
Comments
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peterwalker1984 wrote: »
Just seems a lot of eggs in one basket!
That is why an offset is the way to go as mentioned below. Clydesdale bank has one with no arrangement fee but you will have to pay legal and valuation fees.0 -
peterwalker1984 wrote: »It's not a property I'm looking at living in forever, just a first home as we have child on the way. I'd want to save for a larger house in a nicer area in future.
So why not skip the smaller first house, cut the cost of it out and go straight for tori family sized house?:www: Progress Report :www:
Offer accepted: £107'000
Deposit: £23'000
Mortgage approved for: £84'000
Exchanged: 2/3/16
:T ... complete on 9/3/16 ... :T0
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