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wildbill83 · 41-45, M
KatyO83 · 41-45, F
@wildbill83 but it's about two other things.
Can you get a deposit together? Since the 2008 financial crash in UK it's been required to get a 10% deposit. That's what for ages stopped me buying I couldn't get 30k together.
Secondly can you get a mortgage? If you're on a temporary contract then many mortgage providers won't lend or need bigger deposit or add to your interest rate. My friend her husband is a plumber so not on a perm contract the house is totally in her name to reduce the mortgage repayment even though he earns £80k and her about £45k.
Ive just bought my house from my landlord. I've opted to have my mortgage payment lower than my old rent but remember I now am liable for all repairs etc whereas before if many things broke landlord would have to fix it.
Can you get a deposit together? Since the 2008 financial crash in UK it's been required to get a 10% deposit. That's what for ages stopped me buying I couldn't get 30k together.
Secondly can you get a mortgage? If you're on a temporary contract then many mortgage providers won't lend or need bigger deposit or add to your interest rate. My friend her husband is a plumber so not on a perm contract the house is totally in her name to reduce the mortgage repayment even though he earns £80k and her about £45k.
Ive just bought my house from my landlord. I've opted to have my mortgage payment lower than my old rent but remember I now am liable for all repairs etc whereas before if many things broke landlord would have to fix it.