Dan
Premium Member
Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
User status: Offline
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My mortgage has been sent off to the assesor last week, still waiting to hear from them.
But....
Ive just been given 6k by my dad, which will make my deposit upto 11.5k and mean im putting down 10% rather than 5.
I then wont have to pay 2k high lending fee, will lower my interest rate and payments.
Is this going to cause much of a problem/delay?
Obviously ill make everyone involved aware, which being both chain free shouldnt cause a problem that way.
Cheers
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Dan
Premium Member
Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
User status: Offline
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cooool as fuck!! just spoken to there online advisor as there shut sundays. they said its fine to change it. will mean i can get 5.99% rate, rather than 6.5%, then it makes mortgage 620 a month, rather than 720!!
Holy smoke
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Jay
Member
Registered: 26th Sep 04
Location: Liverpool
User status: Offline
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Decent that, £100 a month will come in handy!
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GT4Brody
Member
Registered: 26th Sep 01
Location: south
User status: Offline
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Result, same thing happened to me when i bought my first place 5 years ago. Got given unexpected 5grand gift, from my uncle meant i avoided higher lending charge too.
Thats well handy £100 less a month 
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Definitely worth having a lower LTV, however you do it. Nice outcome.
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Dan
Premium Member
Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
User status: Offline
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Yes im still in shock tbh, i guess since being 12, ive never been given a penny from him, i used to work for him weds after school, sat and sunday on the market.
Used to get £60 a week, but.... i used to have to buy anything i wanted, school dinner, clothes etc etc.
It really made me appriciate money alot more.
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