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Author Anyone here know much about mortgages?
GIBBS
Member

Registered: 22nd Feb 01
Location: Kent, Jap Car Importer :)
User status: Offline
15th Jan 04 at 12:13   View User's Profile U2U Member Reply With Quote

as above, need some advice! anyone clued up?
Siberia
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Registered: 9th Oct 03
Location: Leprechaun Land Drives : Zafira GSI
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15th Jan 04 at 12:15   View User's Profile U2U Member Reply With Quote

Just bought a gaff meself however i'm in ireland so things are different id say

go through a broker they will make u look like god to the banks
Phil321
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Registered: 10th Mar 01
Location: Manchester
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15th Jan 04 at 12:18   View User's Profile U2U Member Reply With Quote

What sort of advice?
sassyminx
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Registered: 10th Jan 04
Location: Hartlepool Drives: Cossie
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15th Jan 04 at 12:18   View User's Profile U2U Member Reply With Quote

dont get one??? lol
vibrio
Banned

Registered: 28th Feb 01
Location: POAH
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15th Jan 04 at 12:19   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by GIBBS
as above, need some advice! anyone clued up?




go see atleast 3 advisors. I would be inclinded to get a fixed rate at this moment in time but make sure the tie in period is the same or less than the rate is fixed for. we are about to swap mortgages Matt
GIBBS
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Registered: 22nd Feb 01
Location: Kent, Jap Car Importer :)
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15th Jan 04 at 12:20   View User's Profile U2U Member Reply With Quote

basically, i'm looking at a property to do up, it's local to me, but currently uninhabitable.. do property's not have to be habitable to get a mortgage on it?
vibrio
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Registered: 28th Feb 01
Location: POAH
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15th Jan 04 at 12:22   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by GIBBS
basically, i'm looking at a property to do up, it's local to me, but currently uninhabitable.. do property's not have to be habitable to get a mortgage on it?


you can get a special mortgage to cover fixer uppers Matt. go see a few advisors
Phil321
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Registered: 10th Mar 01
Location: Manchester
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15th Jan 04 at 12:23   View User's Profile U2U Member Reply With Quote

You should be able to get a mortgage on it provided you have a decent regular income, ood credit history and not massive amounts of outstanding debt.

Are you looking to live in it or to let it out once complete? If its the latter you will have difficulty getting a buy to let mortgage unless you have your own house as security.
GIBBS
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Registered: 22nd Feb 01
Location: Kent, Jap Car Importer :)
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15th Jan 04 at 12:23   View User's Profile U2U Member Reply With Quote

you can?? wicked. cheers fella, know any good companies to go with / go hava chat with ?

vibrio
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Registered: 28th Feb 01
Location: POAH
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15th Jan 04 at 12:25   View User's Profile U2U Member Reply With Quote

go see the mortgage advice beuro, go through the estate agent that the house is advertised with, etc etc.
stuarty
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Registered: 7th Jan 04
Location: Fife
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15th Jan 04 at 12:48   View User's Profile U2U Member Reply With Quote

ahhrite mate what u need to know am a mortgage advisor!!!
Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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15th Jan 04 at 12:50   View User's Profile U2U Member Reply With Quote

can't get much better than that gibbs
GIBBS
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Registered: 22nd Feb 01
Location: Kent, Jap Car Importer :)
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15th Jan 04 at 13:23   View User's Profile U2U Member Reply With Quote

dammit, think i missed him says he offline now, i'll u2u him!!
Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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15th Jan 04 at 13:26   View User's Profile U2U Member Reply With Quote


 
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