Jump to content

self build type mortgage on a rebuild of derelict house?


scottishjohn

Recommended Posts

9 minutes ago, Russell griffiths said:

Thinking outside the box. 

Can you afford to not have the money in one lump. 

You could in effect supply the finance to buy your own plot of you, monthly mortgage payments to you instead of a lump sum. 

 

I could to a point

could get very messy if they have other life problems ----

not even sure you could write a water tight agreement these days so you could repossess it if it all went wrong  in a reasonable time .

certainly could not afford to wait 20 years --I might be dead b y then 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...