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House advertised as only for those going with Halifax with a 75ltv?

It doesn't state it has tenants in it, so does anyone have any idea why you'd need a 75ltv and have to go with Halifax? It's a freehold so no lease.

Comments

  • Senior_Paper_Monitor
    Senior_Paper_Monitor Posts: 2,918 Forumite
    Part of the Furniture Combo Breaker
    edited 5 May 2016 at 9:31AM
    Have you a link to property advert ? Have no idea to be honest, but would be fascinated to know !
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • amnblog
    amnblog Posts: 12,785 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds like whomever placed that ad is a 100% certified idiot.

    Probably got something against cash buyers.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • minimike2
    minimike2 Posts: 2,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Wow, great way to limit your market! Sounds VERY odd.
  • chelseablue
    chelseablue Posts: 3,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ad please, Im intrigued!
  • ACG
    ACG Posts: 24,973 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Do Halifax only do drive by viewings at 75% and under?
    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.
  • Timbosaurus
    Timbosaurus Posts: 93 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Concrete construction and flat roof mean it's probably failed a few surveys previously. The vendor has narrowed down a lender and product that presumably accept it, and insisted on it to save wasting time trying it out with other funders. Still doesn't explain why it implicitly rules out cash buyers, though.
  • amnblog
    amnblog Posts: 12,785 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Estate Agent giving mortgage advice - nice.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
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