20 Nov 2014 21:28
Im sure this is a simple question i should know the answer to but anyway……. Say I'd got a house with a 20k deposit that was worth 220k, if I'd then spent 20k on it and it was now worth 330k.
When it comes to moving to the next house…should I be looking at houses worth 330k….or would i start from scratch again but I've now got a 110k deposit when they're looking at my circumstances so could borrow more?
posted 20 Nov 2014 23:33, edited 20 Nov 2014 23:33
Anyone here got a good knowledge of a when a leaseholder wants to buy a freehold of the same property? Ta
21 Nov 2014 10:53
Its called collective enfranchisement, where you and other tenants get together and purchase the freehold then manage the maintenance yourselves by setting up a tenants management company.
Not the same for every building though so there's no blanket answer. You would need to seek legal advice.
10 Dec 2014 13:02
Any recommendations for home insurance providers (contents only)?
17 Dec 2014 12:20
I've about 6 or 7 late payments on my credit report, all are from a phone contract that I didn't have a direct debit for. The most recent was about 3 years ago, will these matter when applying for a mortgage?
posted 17 Dec 2014 12:59, edited 17 Dec 2014 12:59
shouldnt do as it was a long time in the past and even if they do bring it up, you can explain to them why.
first time buyer, looking to get a buy-to-let mortgage. possible, or out of the question?
Yes it can be done, there are certain lenders like Paragon/aldermore that will do it. PM me and i can send you a brokers details who i discussed the same topic with last week for a friend.
19 Dec 2014 19:36
need a GOOD specialist mortgage broker. halifax just fucked me over