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100% Offset Mortgage?
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Further to your PM for my input ..
B2L most lenders go to 75 / 80% LTV, a few go a little higher but not as far as 100%
Not all B2L lenders will accept student let, and even if you say its not for students the lending is often calculated against their projected rental income for a family let
If you really think proposition is a real goer - and want to proceed , against all the above advice
Do you own your own property, can you raise a depoiste against it
although the wealth / health warning would apply - as this is a big risk
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGEAny posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0 -
Thank you all for all your post and advice...much appreciated.
Another few questions..... Who does the survey? when? and what kind of survey should we go for? and how much do they cost?
SpikeyUse your judgement, and above all, be honest with yourself.I walk with the world & the world walks with me!I don't make bad choices!!! Other people just fail to see my GENIUS !!!!0 -
Spikey wrote:Thank you all for all your post and advice...much appreciated.
Another few questions..... Who does the survey? when? and what kind of survey should we go for? and how much do they cost?
Spikey
Any body know anything about house surveys?
SpikeyUse your judgement, and above all, be honest with yourself.I walk with the world & the world walks with me!I don't make bad choices!!! Other people just fail to see my GENIUS !!!!0
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