L
lemsip
Guest
Hi,
I’ve done several searches on this already but can’t seem to find much info about it.
I’m looking at mortgages at the moment with the county council, not for an affordable home and I don’t want to do shared ownership as would be wary of trying to buy out the councils half in a few years. On the councils website they have some info on their house purchase loan, but I’m really looking for opinions from anyone who has done this with a council, what interest rates are like and pro’s and con’s please. The main reason I’m looking into this is because I don’t have enough of a deposit to go with a bank mortgage. For a council mortgage I would only need 3% deposit which I have
So any info would be much appreciated please.
Thanks
I’ve done several searches on this already but can’t seem to find much info about it.
I’m looking at mortgages at the moment with the county council, not for an affordable home and I don’t want to do shared ownership as would be wary of trying to buy out the councils half in a few years. On the councils website they have some info on their house purchase loan, but I’m really looking for opinions from anyone who has done this with a council, what interest rates are like and pro’s and con’s please. The main reason I’m looking into this is because I don’t have enough of a deposit to go with a bank mortgage. For a council mortgage I would only need 3% deposit which I have
So any info would be much appreciated please.
Thanks