mortgages for first time buyer!!! - HotUKDeals
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mortgages for first time buyer!!!

His_Nibs Avatar
banned7y, 8m agoPosted 7 years, 8 months ago
Dont really no much about these but looking at buying a house to rent out as i still live at home and cud easily afford one
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His_Nibs Avatar
banned7y, 8m agoPosted 7 years, 8 months ago
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#1
I'll be the 1st...why dont YOU move out..any reason? Just curious hun x
#2
Cos cushty staying at home maybe?

A lot of people seem to be talking of buying to let.
banned#3
get a one account mate. that's what i'm going for.
banned#4
i dont pay anything and i have my room is downstairs with own toilet and bathroom
plus i stay at my OHs most of the time as her mum works away!
Also my mum isnt to well and i have a 5 year old sister and dad works 4 on 4 off
banned#5
bykergrove
get a one account mate. that's what i'm going for.


Whats one of these
#6
bykergrove
get a one account mate. that's what i'm going for.


are You imranmaz?
banned#7
whats that all about
banned#8
In many European countries, children stay living with their parents until they are married etc. Sounds like you've got a pretty cool setup there, great way to beat the recession!
#9
Loads of advice online, but as I understand it, you will need a deposit, probably 25% minimum and for Buy to let you have research and show your rent will get back 150% repayment amount minimum.
ie mortgage is 400 per month so rent of property would have to be 600 minimum, maybe more depending on lender.

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