wanting a shared ownership mortgage-bad credit rating ...

wanting a shared ownership mortgage-bad credit rating 26th Mar 12 at 1:07 PM

   

Hi all

im a wannabee first time buyer who is aiming to get a mortgage on a shared ownership sceme, most likely 25% to begin with.I saw a mortgage advisor today and she says I will most likely need a deposit of 2k plus legal fees taking it up to 4k which is not a problem.

However I have today for the first time seen my credit history on noddle, im 27 now and cos of me being abit reckless when I was young and not thinking about...

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Website: http://forums.moneysavingexpert.com

Related topics : bad credit mortgages for shared ownership / mortgage rates bad credit / mortgage rates credit score / first time buyer mortgage rates 5 deposit / first time buyer mortgage rates

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Shared Ownership and First Time Buyers with bad credit history

what are your options?

Bad credit and affordable housing options

We often get calls from first-time homebuyers who situation is complicated by a bad credit history, and income which makes overall affordability problem in the area which they wish to purchase.

In this kind of scenario, the shared equity affordable housing options such as First Buy and Help to Buy can be of limited use.

This is...

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Website: https://www.amortgagenow.co.uk

Related topics : bad credit mortgages for shared ownership / bad credit mortgage lenders for shared ownership / how can i get equity out of my house with bad credit / bad credit mortgage lenders / mortgage rates bad credit

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Shared ownership bad credit mortgages - Mortgage Advisors

/ 0 Comments /in Uncategorised /by GKAdmin

Shared ownership schemes have been introduced by the government as a way to give more people the opportunity to own their own home. The scheme is provided through housing associations and allows you buy a 25% to 75% share of your home, while paying rent on the rest of the property.

You should also be a first-time buyer or an ex-homeowner but unable to...

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Website: http://mortgageadvisors.co.uk

Related topics : bad credit mortgage lenders for shared ownership / bad credit mortgages for shared ownership / bad credit mortgage lenders / mortgage rates bad credit / home mortgage loan bad credit

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Shared Ownership Mortgages - Mortgage advice IVA and Bad ...

Shared Ownership Mortgages in bad credit

 

Shared Ownership Mortgages - (Up to 100% of your share) -- Shared Ownership Mortgage schemes are used for part buy, part rent schemes commonly known as shared ownership. when you buy a shared ownership property, you only buy a percentage stake in the property, usually 25 to 75 per cent - from a housing association. Although this can be affordable, as...

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Website: https://www.affordablemortgages.co.uk

Can I remortgage my home? - L&C Mortgage Guides

Can I remortgage my home?

Can I remortgage my home?

Most people can remortgage their home when they want a new mortgage deal . You may think your circumstances are unusual but, whatever your situation, lenders will usually consider an application.

Here's what you need to know about remortgaging in unusual situations:

Can I remortgage if I missed payments?

Can I remortgage if I own my house...

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Website: https://www.landc.co.uk

Mortgage Arrears Help - MoneySavingExpert.com

Is it worth getting insurance?

What does being in arrears mean?

If you've missed your mortgage repayments and have payments overdue, you're 'in arrears'. If you've not spoken to your lender yet, do it NOW.

Alerting your lender to the fact you may not be able to pay your mortgage on time is the first and most important step to help get you back on track. See below for the steps you need to take...

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Website: https://www.moneysavingexpert.com

First Time Home Loans for Poor Credit

YES, the Federal Housing Administration still allows first time home buyers with poor credit scores as low as 500 to get approved. New house buying applicants must be able to show the underwriter compensating factors for them to justify making a loan to a first time home buyer with a checkered history.

In the market for first-time home buyer loans, FHA stands head and shoulders over the rest. FHA...

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Date: 2017-05-02 23:10:55
Website: https://www.fhahomeloanrefinancing.com

Guide To First Time Buyer Mortgages | MoneySuperMarket

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Buying your first home

Buying your first home is an exciting prospect, but figuring out how to get onto the property ladder can feel overwhelming.

Whether it's a  Help-to-Buy ISA , Help-to-Buy equity loan or a shared ownership mortgage, there's plenty out there to help you on your way.

Here, we explain all you need...

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Website: moneysupermarket.com

Tampa Down Payment Assistance | First-time Home Buyer

Tampa Down Payment Assistance | First-time Home Buyer

If you are a first time home buyer*, this information is vital to your home purchase.  Please read this carefully.        *a person that has not owned a home in the last 36 months

The first thing you know about buying a home and getting a mortgage is that down payment and closing costs are separate costs.  First...

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Date: 2016-03-23 16:09:12
Website: http://www.tampabayhousefinder.com