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Considering buying for the first time but have no idea if its even possible

marketraisen · 2015-09-17 19:15:05

Hello there. I am 32 and am currently renting a room from a friend of mine and have been renting privately since the age of 17. I have always just assumed buying was out of reach for me and my low income, I have never considered it, I earn 21-22k per year and atm only have about 4 grand in the bank. While looking at one…

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tiger_eyes Posts: 1,006 Forumite

24 September 2015 at 10:40AM

jacobtheamish wrote: »

An 83 year lease is not short, there is no lender that would not accept that. I would advise seeking advice from anyone else, other than the person that told you that!

You would be surprised. Halifax did their absolute best to sabotage my purchase of a leasehold flat with 89 years remaining, even though their official policy is to accept leaseholds of at least 70 years.

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