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Showing results for tags 'rent to buy'.
My partner had a £80k property bought out right for him in his name. We are both earning decent enough money in order to have a mortgage of around £250k however, have very little savings for a deposit. We have £0 dept. I understand this is a fortunate position to be in but would like to make more of the position we’re in - I just do not understand how best to do it. 1. Could I qualify for “first time buyer” if his name is on said potential new mortgage? 2. Without selling the £80k property but renting it out (1 bed flat) - Could the current property equity be used for deposit? If s
Hi, I'm new to property investing and would appreciate some advice, accidentally fell into property 9 years ago not knowing anything, I have two joint mortgages (1 btl and 1 residential which my mum resides in, mortgage term ends in 6years). Sold another property in 2013 (didn't reinvest). I am currently renting where I live now in London (2 bed maisonette) and in Sept would renew the rental contract, I approached the managing agent to ask if the landlord would be interested in selling or proposed a rent to buy option over the next 1-2 years. The next day the agent called and came