We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Very small mortgages
Options
moo2moo
Posts: 4,694 Forumite
Shared ownership properties locally start at £12,500 and go up. DD1 is interested in buying a 25% share in a property but requires a mortgage to satisfy the housing association. The smallest mortgage she can find is £50,000 which us far more than she needs and more importantly on an income of £10,000 a year it's far more than she can afford.
Are there any lenders out there offering first time buyers mortgages in the region of £15,000? She has a substantial deposit saved up.
Are there any lenders out there offering first time buyers mortgages in the region of £15,000? She has a substantial deposit saved up.
Saving for a Spinning Wheel and other random splurges : £183.50
0
Comments
-
Nationwide start at 25k. Has Direct Debit 1 tried there?4
-
NatWest will go as low as £10k1
-
Not in person, I'll make an appointment with them both to see if a human will say yes where the computer says no. Thank you both
Saving for a Spinning Wheel and other random splurges : £183.500 -
why dont you just make 1 appointment with a broker who can search 70+ lenders for you? Would make more sense than spending 1hour+ each time to try find the best option0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards