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HTB equity mortgage/loan
Jamgeorge
Posts: 89 Forumite
Hi all
I have a hell to buy equity loan in a new build. Had anyone got one of these and also a car on HP? I’ve read that you cannot increase your mortgage or take out another loan without permission from Homes England’s mortgage administrator. Does this mean you have to ask them if you want to get a car on HP? Really worried as I have one- I didn’t read it as this and thought it just meant mortgage wise...... thanks
I have a hell to buy equity loan in a new build. Had anyone got one of these and also a car on HP? I’ve read that you cannot increase your mortgage or take out another loan without permission from Homes England’s mortgage administrator. Does this mean you have to ask them if you want to get a car on HP? Really worried as I have one- I didn’t read it as this and thought it just meant mortgage wise...... thanks
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Comments
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Meant to say HELP TO BUY0
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No. Their interest is confined to credit secured on the property.Does this mean you have to ask them if you want to get a car on HP?I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Hi all
I have a hell to buy equity loan in a new build. Had anyone got one of these and also a car on HP? I’ve read that you cannot increase your mortgage or take out another loan without permission from Homes England’s mortgage administrator. Does this mean you have to ask them if you want to get a car on HP? Really worried as I have one- I didn’t read it as this and thought it just meant mortgage wise...... thanks
Thanks Kingstreet!!0
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