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| #1  26-Jan-2006, 15:35 | ||||
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| Mortgages for contractors? Don't know if anyone's been through the same here, but I'm having a few issues sorting a mortgage out. The basic jist is that although the various companies don't require too much detail re: earnings, they'll only lend 85% of the value of the property.  Even on a cheap house that's a huge chunk of cash to find. Add on top the inevitable stamp duty + solicitors fees and there's no way I'm getting on the ladder for years to come. Can anyone recommend a method of either:a) getting a 90-95% mortgage as a company director? b) reducing the total fees so I can add more to the deposit? Cheers, Ali  |
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