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Right to Buy - Will i need a deposit
Alias_Omega
Posts: 7,915 Forumite
Will I need a deposit on the house to the value of 10%, or will it just take in the discount we have against market price as the deposit.
Expected price is £54,000-56,000 with market value around £85,000.
Obviously were best to put down as much as possible to reduce loan amount, but were looking to swap the car immediately as its used for an 80mile commute daily to work.
Expected price is £54,000-56,000 with market value around £85,000.
Obviously were best to put down as much as possible to reduce loan amount, but were looking to swap the car immediately as its used for an 80mile commute daily to work.
0
Comments
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You should not need a deposit although this might to be the case if you have poor credit, non standard construction type etc.0
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Good news, 125E arrived today, £37,800 is the price to buy the house..
Now to find a mortgage broker..0 -
try yell.com, make sure the broker is whole of marketI am a Whole of Market Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, 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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