I have just paid a full and final payment and am waiting for the completion certificate. I am 63yrs old and hope to retire from full time work shortly. I want to sell my house and buy a Dorran construction house, and will need around 20k mortgage to realise the property with 100k cash buy. Is it possible? If so how do I go about it?
My advice would be to speak to one if the forum mortgage experts Ryan or Shaun ..they have helped many people with varying circumstances and am sure they would offer you the expert advice required.
Contact details can be found via this link http://www.iva.co.uk/forum/forum_experts.asp
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
I agree with Luluj that yo should speak with a whole of market broker with experience in adverse credit.
However, your choice of lender is going to be further restricted to those who will lend on a Dorran or Woolaway, non-traditional construction. The high equity figure proposed (deposit) will, hopefully, improve your chances.
Best of luck.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
