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Buying a house sold within 6 months
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(bump). anyone?
It appears that Coventry seems to be more hung up on purchase from a limited company than with 6 month issue (at least that's what my mortgage advisor has told me, but I suspect he may not be on the top of things).
While 6 month issue can be either waived (by some lenders) or can be waited to expire, the purchase from limited company which has owned the property through book transfer can't be wished away (if lenders are so averse to it).
Any advice or thoughts?0 -
Tell the vendor to stop being a clown and sell it back to himself, if you can find a company willing to waive the 6 month thing
Or just cut your losses and leave them to this little mess they've created for themselves. Somehow I doubt this property is so much better than others nearby that it's worth this hassle for you."You did not pull yourself up by your bootstraps. You were lucky enough to come of age at a time when housing was cheap, welfare was generous, and inflation was high enough to wipe out any debts you acquired. I’m pleased for you, but please stop being so unbearably smug about it."0
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