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Corsa Sport » Message Board » Off Day » House Day » 2nd mortgages » Post Reply
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John_C |
posted on 5th Mar 06 at 21:51 |
quote: shop around there'll b lenders that wont charge a hlc. fees can be up 2 1.5% of the loan. http://www.mortgagesforbusiness.co.uk/ | |
AK |
posted on 5th Mar 06 at 21:09 |
if i did do it.... i'd prob want to put down about 20k..... | |
Kerry |
posted on 5th Mar 06 at 20:53 |
quote: higher lending charges are usually over 90% | |
John_C |
posted on 5th Mar 06 at 20:49 |
buy to lets are easy 2 get if u have the 15% deposit. | |
Kerry |
posted on 5th Mar 06 at 20:47 |
students can get buy to let mortgages :thumbs: | |
Kerry |
posted on 5th Mar 06 at 20:47 |
quote: buy to let mortgages differ to residential mortgages most lenders only go to 80/85% max on buy to lets and again credit policy is different to residential and from lender to lender | |
Ian |
posted on 5th Mar 06 at 20:42 |
I looked at it for buying another flat to let. Needed 15% down to be sqaure on rental income though, so I shelved the idea. They were prepared to lend 85%. | |
Paul H |
posted on 5th Mar 06 at 20:41 |
quote::) | |
Kerry |
posted on 5th Mar 06 at 20:40 |
lenders credit policys dont differ its just the process of purchasing a property thats different in scotland | |
Tiger |
posted on 5th Mar 06 at 20:39 |
I applied for a mortgage for the fun of it the other day. They will let me borrow £60,000 - Bloody good of them I must admit, but, like thats gonna buy me maybe a lean to?:lol: | |
Paul H |
posted on 5th Mar 06 at 20:29 |
quote:does that apply in scotland though :boggle: | |
Kerry |
posted on 5th Mar 06 at 20:03 |
you can have as many mortgages as you like but your income will need to cover both | |
AK |
posted on 5th Mar 06 at 20:02 |
:boggle: |