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Mortgage Deposit help
housefor3
Posts: 4 Newbie
We have the majority of the deposit however we wanted to secure a 15% meaning we need to add another 5%. My question is can we use business money (From a limited company) to add to our savings and can this be in the business account when we show to the lender and transfer it when the solicitor needs it, this is because the house is not available until March and then we can save some more before pulling more money than we need? Thank you in advance for any help
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Comments
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Technically yes, although some Lender’s can be tricky about it.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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