Started by alfred, June 27, 2022, 02:07:11 PM
Quote from: alfred on June 27, 2022, 02:07:11 PMHaving recently read of potential property owners trying to get on the property ladder the latest move has been suggested that people on benefits wont have to make a deposit,its suggested that people will have to have a mortgage interest only,so that no deposit will be required by the bank, simply that when the person sells the property then the deposit will be taken from the sale of the property its a different approach but will it work, ????Q; have you any thoughts on the latest trend of buying a property without a deposit ,
Quote from: Alex on June 27, 2022, 03:52:44 PMSounds like the Endowment mortgage I had years ago, that was interest only and fell short of what I owed !
Quote from: Raven on June 28, 2022, 05:54:44 PMDon't know about where you are but that doesn't work here. When the stupid bedroom tax came in a few years ago, lots of people wanted to downsize but there were no one bedroom homes for them to move into.
Quote from: Jacqueline on June 28, 2022, 06:06:02 PMI was watching a TV programme a while back on just that subject, people were being charged the bedroom tax and trying to move down, but loads of people were competing for one flat with one bedroom. How crazy and unfair to put this tax on people when they are unable to find a smaller home.
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