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Some Bad Decisions... FTB
London87
Posts: 4 Newbie
I want to remove my post
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Comments
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You don't have a 10% deposit so you're going to find it very hard to get a mortgage anyway. Perhaps you should stay put and build your deposit back up with savings? On your salary that's shouldn't take too long?0
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Would the help to buy scheme not be available? Or is it pretty difficult to fit the criteria for this?0
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Has anyone has any recent success with a FTB 5% deposit?0
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Your only option would be help to buy. But the interest rate will be higher too. Why can't you sit tight, build up deposit and avoid questions over the gambling? Personally I think the lost money shows you are a risk, and therefore better to learn from it and not make the same mistake again.0
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I want to remove my post0
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I got a 5% Help To Buy mortgage via RBS and it was pretty straightforward, even though our first purchase fell through, so they do exist!
However with the new rules on mortgage lending, it could be harder, and 5% help to buy may ask for more than 3 months bank statements.0
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