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  • fordiemufc
    fordiemufc Posts: 13 Forumite
    Seventh Anniversary 10 Posts Combo Breaker
    Only going to add that RTB is very slow, when we bought ours we started in May and completed end of January, with the current climate I imagine the process to be slower. 
    Also definitely reccomend a broker not all lenders will accept the discount as deposit, Barclays for instance wanted £10k deposit. 
    Getting additional funds might be difficult for the first 5 years as the council or HA have a charge on the property.
    Good luck!
    thanks all for the info.
    who is a respectable broker?.
    should stick with a local i am in manchester so i dont think it would to hard to find one.

  • Only going to add that RTB is very slow, when we bought ours we started in May and completed end of January, with the current climate I imagine the process to be slower. 
    Also definitely reccomend a broker not all lenders will accept the discount as deposit, Barclays for instance wanted £10k deposit. 
    Getting additional funds might be difficult for the first 5 years as the council or HA have a charge on the property.
    Good luck!
    thanks all for the info.
    who is a respectable broker?.
    should stick with a local i am in manchester so i dont think it would to hard to find one.

    I've no idea sorry, I have access to a broker through work. I'd avoid one of these that advertise on the TV though.
    Make £2023 in 2023 (#36) £3479.30/£2023

    Make £2024 in 2024...
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