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 26-Jan-2006, 16:35 | #1 |
| Registered Forum User Ducati Meccanica  Posts: 2,463 Join Date: May 2004 Location: Guernsey Mood: Damp 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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