Why don't they buy outright?

Get good reductions on new builds shared equity, my laddo is buying one with his gf, their mortgage is less than what your son will be paying rent. OK they have to pay back the shared equity in 5 years but they are confident they can save that up.

Posted By: Tombs on February 11th 2016 at 15:26:10

Message Thread

any of you buy to let landlords looking to extend their portfolio? (General Chat) - Jumbo1, Feb 11, 13:26:20
- Why don't they buy outright? (General Chat) - Tombs, Feb 11, 15:26:10
  - because of his previuos unreliability he cannot get any credit - hence issue with estate (General Chat) - Jumbo1, Feb 11, 15:52:33
- 3 bed for 125k!!!! Bargain...... I will look down the back of the sofa. (n/m) (General Chat) - admckechnie, Feb 11, 13:54:51
  - 2 beds will do - found one for ?114k probably get it for ?110k (General Chat) - Jumbo1, Feb 11, 13:56:10
    - Just need to sort this pesky new contract I'm being offered.......! (n/m) (General Chat) - admckechnie, Feb 11, 13:58:22

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