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Looking for mortgage less than £20000
snapyou
Posts: 168 Forumite
IFA s have turned me down as the amount isn't big enough to make them a 'worthwhile'commission.
Likewise,RBS today told me they would not offer mortgages less than £25,000.
I am looking for a mortgage of between £15,000-£20,000 over 15-20 years.
Thanks in advance,
Likewise,RBS today told me they would not offer mortgages less than £25,000.
I am looking for a mortgage of between £15,000-£20,000 over 15-20 years.
Thanks in advance,
0
Comments
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Smaller building societies tend to have smaller, or no minimum for a purchase.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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If it was an IFA they should have offered you a fee option where you pay their fee and they rebate you the commission.
Probably a whole of market broker you spoke to.I am a Mortgage Adviser
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.0 -
Assuming Google doesn't lie, it looks like HSBC, Skipton and Santander should all offer 20k over 20 years at around £100/m (at initial rate...)0
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