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Have phoned a few this morning and so far they have said no to a mortgage for 50% or so. Please help if you know the answer!

2007-01-31 22:52:13 · 4 answers · asked by JoJi 4 in Business & Finance Renting & Real Estate

4 answers

A lot of high street lenders will stay away from that sort of thing you would be best off to speak to a specialist mortgage company such as GMAC, GE are international also Kensington, Rainbow Home Loans etc are UK companies that spring to mind. Would be best to seek advice of independant mortgage advisor/ financial advisor. If you are in the UK then it is good to know that the mortgage industry is bnow governed by the FSA rather than the mortgage code so you should only get the best advice. Please note that a specialist mortgage lender will charge a higher interest rate than you would see in the high street.

2007-01-31 23:00:33 · answer #1 · answered by Anonymous · 0 0

when you purchase this abode for 80K pounds, then get a house fairness own loan. this provides 2 loans on the valuables. greater effectual to apply your individual funds and sweat fairness as much as you may. A lender will in no way supply you a private loan for greater beneficial than they confirm the nicely worth of the abode. What you tell them makes no distinction to them. they are those handing out the funds, so as that they help you be attentive to what they're going to do.

2016-11-02 01:02:48 · answer #2 · answered by quinteros 4 · 0 0

The Abbey certainly did a few months ago

2007-02-01 04:43:03 · answer #3 · answered by dbharrold 2 · 0 0

waterloo housing do or used to we brought our first home 50/50 with them

2007-01-31 22:54:24 · answer #4 · answered by phillip b 3 · 0 0

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