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Precise mortgages
dk5294
Posts: 178 Forumite
Does anyone know if precise supports the open market shared equity scheme (lift Scotland) and if you can only use them through a broker?
Everything I am finding seems for professional use only and I just want to confirm that I can use them when part of my deposit is being provided through the scheme.
Everything I am finding seems for professional use only and I just want to confirm that I can use them when part of my deposit is being provided through the scheme.
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Comments
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Precise onlydeal with brokers, not sure about the rest though.I am a Mortgage AdviserYou 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.0
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they are very strict in lending criteria and you pay a high interest rate
Try the high street if you can0 -
I don't believe they do. Ask a local broker specialised in the Lift scheme.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.0 -
Oh if only it was that easy to find a broker who knows about the lift scheme :rotfl:
This is an old post. Thank you for your updates though. I done my homework and a full application has been submitted to Leeds Building Society.
We found a broker who knew about the lift scheme (100 mile round trip) after I had a DIP in place with Leeds, they advised me they wouldn't get involved at this stage and to continue with an execution only? mortgage.
All the criteria is met (including the additional requirements) so now it is a waiting game =/0
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