You mean you put a deposit down without first understanding how much more you would need to stump up and how much you would need to borrow!?!Ok, so I've just put my holding deposit of 3000 down with DCC. Do I need to save another deposit for the mortgage?
Don't think too many lenders are offering 100% these days. In which case the previous norm of 90-92% probably applies and you need to stump up the rest (plus any additional costs such as legal fees etc.).Like...does the bank give u 100%, or what is it?
The aul 100% mortgage was a bit of a gimmick to be honest and think it might have only worked for people on mega bucks. When we were applying for our mortgage bank would give us 320k on 100% motgage but yet on 92% mortgage they gave us 380k.