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Is there a way to buy if I can't afford deposit?

Asked on Jan 30 2012, Home Finance in Alderley Edge | Report content

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    Pure Acqui...

    There are options available, you could look at shared ownership or perhaps speak to a broker who can look for products which require a smaller deposit?

    Answered on Feb 1 2012, Report content
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    Dr P

    Although possibly very rare now and inadvisable, have you considered 100% mortgage - I haven't seen one for a few years....

    Answered on Feb 8 2012, Report content
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    Conkerball...

    Honestly, this isn't meant as offensive, but if you can't afford a deposit, you can't afford a house. This is one of the reasons the lending market collapsed. There are the costs of maintenance, boiler servicing, additional furnishing, insurance, contingency money, decoration, etc, etc. Rent cheap for a couple of years, scrimp and save, then buy.

    Answered on Feb 19 2012, Report content
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