Hi All,
I'm just wondering if any of you can help. Myself and my partner are considering buying a house and we've been getting quotes at the moment of 364k approximately. Our combined salary is approx 80k.
Just a few queries really because:
1. First, I suppose is the deposit...if we got a loan for the deposit would we be able to use our SSIAs (19k when mature) as security? (We have around 8k in other savings)
2. The stamp duty - does this now apply to new homes as well as second hand home?
3.I'm thinking of going back to college in September as I want to do the complete career change and rather than pay rent for the next 4 years while I qualify I think it would be a good idea to have the mortgage already sorted!! On top of this mortgage would any bank be happy enough to give me a personal loan and do some banks have delayed repayment methods (I'm talking at least a year or two and whos reasonable)
4. Am I being totally unrealistic or can this be done!?!
Hope you can help!!
Thanks - Robin
I'm just wondering if any of you can help. Myself and my partner are considering buying a house and we've been getting quotes at the moment of 364k approximately. Our combined salary is approx 80k.
Just a few queries really because:
1. First, I suppose is the deposit...if we got a loan for the deposit would we be able to use our SSIAs (19k when mature) as security? (We have around 8k in other savings)
2. The stamp duty - does this now apply to new homes as well as second hand home?
3.I'm thinking of going back to college in September as I want to do the complete career change and rather than pay rent for the next 4 years while I qualify I think it would be a good idea to have the mortgage already sorted!! On top of this mortgage would any bank be happy enough to give me a personal loan and do some banks have delayed repayment methods (I'm talking at least a year or two and whos reasonable)
4. Am I being totally unrealistic or can this be done!?!
Hope you can help!!
Thanks - Robin