Hi
this might sounds like a silly question.. but does anyone know with the UB Home mover negative equity mortgage with a LTV of up to 200% if you need a deposit on the new place you buy - trading up or trading down. Doesn't mention it on their website.
As a comparison, It looks like on the KBC site that if you go for the trade down mortgage you don't need a deposit. Comparing trade up and trade down on KBC site I only see only the trade up mentions a deposit.
Have a home in 30-40k negative equity and not much savings, so just exploring what options are for moving!
any thought welcome...
Thanks
this might sounds like a silly question.. but does anyone know with the UB Home mover negative equity mortgage with a LTV of up to 200% if you need a deposit on the new place you buy - trading up or trading down. Doesn't mention it on their website.
As a comparison, It looks like on the KBC site that if you go for the trade down mortgage you don't need a deposit. Comparing trade up and trade down on KBC site I only see only the trade up mentions a deposit.
Have a home in 30-40k negative equity and not much savings, so just exploring what options are for moving!
any thought welcome...
Thanks