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Author Mortgages, First time buyers.
Jambo
Member

Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
19th Jun 11 at 19:42   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by ed
Move to the midlands. Best of both worlds


My dads mate is wealthy, but not stupidly loaded. He lives in a fucking mansion in Birmingham and it wasn't that much more than our modest 4bed detached in a scummy area in Maidenhead. As for jobs it is strictly true but my job pays the same nationwide.
Bonney
Member

Registered: 14th Nov 04
Location: St Helens
User status: Offline
20th Jun 11 at 18:21   View User's Profile U2U Member Reply With Quote

For the moment I have put the idea on hold. Decided to pay all my other outgoings off (Which should be in around 18 months time) which in the meantime i can get a bit more of a deposit sorted out and find somewhere a little better.

Thanks for the help though, Has given me a better understanding without getting brainwashed by some banker talking about what if's and confusing figures!
antscorsa
Member

Registered: 11th Aug 02
Location: london
User status: Offline
21st Jun 11 at 20:47   View User's Profile U2U Member Reply With Quote

Bonney, go to nationwide they do a good savings account for first time buyers. after saving with them for over 9 months i think with minimum £50 a month you can then take advatange of their 95%-80% mortgages. Also if you save over £10,000 you get £1000 cashback if you take out a mortgage with them!
just an idea

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