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Personal Loan to pay remainder of property?
Comments
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On the basis that the OP is taking offence to being asked for further details I will not be answering them.9
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Doubt anyone would get a MT card with a 15k+ limit, if OP is desperate not to get a mortgage, then getting a bridging loan might be the only sensible option. More expensive than a mortgage of course but if OP wants to throw away money on higher interest that's their prerogative.0
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Why not get a mortgage for the minimum amount and bank anything left.
Just get a mortgage.0 -
Other than it being fraud?Dr_Crypto said:[DELETED BY FORUM TEAM]1 -
Possibly because the prospective borrower doesn't have the right to buy...DCFC79 said:Why not get a mortgage for the minimum amount and bank anything left.
Just get a mortgage.
https://forums.moneysavingexpert.com/discussion/6293342/right-to-buy-mortgage-but-not-on-deed
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Thanks MoeJoeGo, that's saved us loads of time. appreciated.MoJoeGo said:
Possibly because the prospective borrower doesn't have the right to buy...DCFC79 said:Why not get a mortgage for the minimum amount and bank anything left.
Just get a mortgage.
https://forums.moneysavingexpert.com/discussion/6293342/right-to-buy-mortgage-but-not-on-deed2021 GC £1365.71/ £24002 -
Yes, crime happens all the time but I'm not sure encouraging people to do it is really a wise thing to do.Dr_Crypto said:[DELETED BY FORUM TEAM]1 -
Fraud isn't a crime? That's news to me.Dr_Crypto said:[DELETED BY FORUM TEAM]
And you couldn't report it as a member of the general public, it would need to be reported by the victim (the bank.). But given the Police's lacking response to all things fraud, I would fully expect the response you mentioned, because they don't give a twit about fraud.0 -
Dr_Crypto said:[DELETED BY FORUM TEAM]
Loan fraud can get you CIFAS markers stuck on your file for 6 years and stop lenders ever considering you again. You confuse a criminal act with something with civil consequences. Advising people to commit loan fraud is not only a terrible idea, also is against the forum rules
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