S
Skeptic Jim
Guest
Bank of Scotland doesn't offer Bridging loans for 100% mortgages (so I discovered after wasting a lot of time).
I think i'm missing something here because this doesn't make any sense. It seems to me that if I want a 100% mortgage for say a 300k mortgage, I have to save 30K because I have to come up with the booking deposit.
For a 92% mortgage I only have to save 24K because then I can get a bridging loan.
What on earth is the benefit to getting a 100% mortgage and are there any Irish banks offering 100% mortgages with bridging loans?
I think i'm missing something here because this doesn't make any sense. It seems to me that if I want a 100% mortgage for say a 300k mortgage, I have to save 30K because I have to come up with the booking deposit.
For a 92% mortgage I only have to save 24K because then I can get a bridging loan.
What on earth is the benefit to getting a 100% mortgage and are there any Irish banks offering 100% mortgages with bridging loans?