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I’m looking into buying a property off my dad using a concessionary purchase. Is it worth spending the money on a mortgage advisor, rates I’ve seen say £99-£1000, or shall I just do a bit of research and approach the banks myself?
We made a concessionary purchase (it wasn’t really because the under value we paid was due to my partner having a beneficial share in the house already but for mortgage purposes it was).
We used a broker and found it really important as some lenders aren’t interested. This could be totally untrue but I was told by my broker that our only options for high street lender with concessionary purchase was nationwide or Halifax
