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defective rtb council house- no mortgage maybe a bank loan?

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Comments

  • bestyman
    bestyman Posts: 1,122 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Hi,
    Thanks for the reply but a bit late as we bought it 6 months ago .

    The house is steel frame, concrete clad with wooden joists in roof .

    Eventually we bought it cash ( beg + borrowed money ) as mortgage rates wre well oveer the odds for this property.
    On the internet you can be anything you want.It`s strange so many people choose to be rude and stupid.
  • mdean
    mdean Posts: 189 Forumite
    heres the link again for the report
    http://www.cml.org.uk/cml/filegrab/pdf_pub_misc_NontradhousingBR.pdf.pdf?ref=3595

    guess they must move it about
  • silvercar
    silvercar Posts: 49,682 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    The reason lenders are not interested is that they are worried about finding potential buyers if you need to sell or they need to repossess and sell. Their attitude just ensures the problem continues.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
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