We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 <b>Have you signed up to the Forum's <a href="https://forums.moneysavingexpert.com/discussion/6612556/new-feature-get-sent-trending-forum-threads-by-email?utm_source=banner">new Email Digest</a> yet? </b>Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Advice Short Term Mortgage or Buy to Let
Comments
-
Thanks for the help people - my predicament is I cannot predict the futrue in the current situation I need some where to live and I maybe able to make a substancial payment to the 2 2nd propery this maybe in 6 moths but could be 5 years before this. Could I however offset the loan and just keep the money in an account.
Also just been made aware on stampduty on a second home.0 -
Some last year had a mortgage approved then let slip they may short term it got withdrawn.
You may need a broker to help pick a convent to let friendly lender with flexible(low/no) ERC in the short term.
If you have other property/mortgage that's an additional complication a broker can help with.
There are low cost trackers with no ERC offsets give more flexibility.0 -
Hi
Im looking at buying a property at auction - the amount I need 50K only I have 50 deposit
Ive bought a house before at aucion i know the process its in same road.
This time however I wish to live in it -
Any advise please ?
I tried an unsecured load where can I get 50K in 3 weeks ?
Thanks
John0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.9K Mortgages, Homes & Bills
- 179K Life & Family
- 263.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards