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100% deposit post? Deleted?
pickles13
Posts: 157 Forumite
What happened to the post about the person wanting a 100% mortgage with no deposit? I can no longer find it!
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Comments
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Do 100% mortgages even exist these days?: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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As has actually been said in the thread on several occasions, there is at least one lender which will allow a sitting tenant to purchase from their landlord using a discount in the price as their deposit, so it isn't 100% mortgage, it's a concessionary purchase.
Same way family members can purchase from each other with a gift of equity.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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