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So I have £30,000 sitting around

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  • Yazi
    Yazi Posts: 23 Forumite
    Third Anniversary 10 Posts
    UPDATE: I have £37,000 now thanks to working and student loan. I paid off all my rent in Sept and I don't spend a lot.
  • Yazi
    Yazi Posts: 23 Forumite
    Third Anniversary 10 Posts
    buglawton wrote: »
    With that £30k as deposit, could you get a mom'n'pop sponsored mortgage while still a student? I read that 2 building societies now offer a tailored mortgage whose purpose is to allow the student to live in the property while letting out rooms to other students. 1st consequence us that your own rent will be free. This type of mortgage seems to be a recent innovation.

    Unfortunately my Dad is retired and my Mum earns £7000py
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