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Discuss Any tame mortgage brokers in the house? at the Finance forum within the The Army Rumour Service website; Originally Posted by jarrod248
Can you get a loan for the deposit but say its ...
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13-02-2012, 23:01 #21Senior Member
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Originally Posted by jarrod248
Oh your such a naughty boy. Your suggesting mortgage fraud. smack bottom for you.
also you have to declare borrowings on the income and expenditure declaration. (Declaration ie statement of truth“The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.” - Winston Churchill.
Carenza Lewis about finding food in the Middle Ages on 'Time Team Live' said: 'You'd eat beaver if you could get it.'
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13-02-2012, 23:04 #22Senior Member
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Oh dear, should I be in prison? It worked out cheaper than a 100% mortgage. Originally Posted by BiscuitsAB
Night time is really the best time to work. All the ideas are there to be yours because everyone else is asleep. ~Catherine O'Hara
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13-02-2012, 23:18 #23Senior Member
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I'm sure that Jarrod fully intended to buy a car with the money when he borrowed it. He just changed his mind.
Recce19 likes this.
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14-02-2012, 17:19 #24Senior Member
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Precisely. This is not mortgage fraud so please wash your mouth out with soap Biscuits. And report back. Foaming at the mouth. Originally Posted by filthyphil
Let us assume jarrod gets a loan of 25k for a car. And drives up to the bookies, hands over the log book and sticks 25k on the nose of some horse in the 3.45 at Cheltenham.
Might be ill advised, mental even. But it is not illegal. It is his money. Once you have the cash it is down to you what you do with it.bitterandtwisted likes this.A million years on and still in trouble, put down your fists and hit it wiv a shovel.
Sun Tzu. The Art Of War.
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21-02-2012, 13:29 #25Member
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You might find that a 25k personal loan plus a 75k mortgage on repayment, are far in excess of your monthly rental payment, and the interest on the personal loan is also going to be pretty high. What's wrong with saving up for a >5% deposit?
I'm a tediously boring IFA. However, all of my posts on this forum are for discussion purposes only should NOT be considered as financial advice and any action or action you do or don't take is at your own risk. If you feel an area discussed is relevant to you then seek advice from an appropriately qualified and experienced professional who can advise you based on your own personal circumstances.
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22-02-2012, 22:42 #26Senior Member
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Time. Originally Posted by billywhizzuk
It's time for British Independence.
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