EngrSaks:


The developers [b]are usually the biggest winners, but like I said it's a good way to [/b]enter the property ladder...its not really the best.

HTB is usually for new builds...

In every country, the business model is to make money. The new builds we did for naija as contractors ehn na ish .

For me sha i like new houses since I dey live in one as a renter . Nothing like tear rubber house

fatima04:


In every country, the business model is to make money. The new builds we did for naija as contractors ehn na ish .

For me sha i like new houses since I dey live in one as a renter . Nothing like tear rubber house

Make una buy investment property next sha (old house)...e nor bad if you collect rent too o

Bourne007:
Halifax for me

Why not Birmingham & Midshires........ Loads of mortgage providers are never available on the High Street...........

erico2k2:

good one but gettign a bank Loan would count against him as he would be in debt to that % already in the 1st instance,Dont forget your outgoing plays a vital role in the % or APR you are going to be given

I again disagree..... You can get a bundle mortgage (part loan + part mortgage)..... A combination of both.........

I say again....... Wahala is like a bicycle........ I love to ride and stroke it.........

RalphJean:


For the sake of my sanity, I will pretend that cum & come mean the same thing.
I will ignore my earlier thoughts that the former is closely related to cassava & condensed milk.
At least for the sake of mortgages, I will pretend that to come in pieces is to cum in pieces.

Oga, I can see you always visit the top shelf sextion..... . At the off license........

Just buy a new house jejely oo if you go buy a haunted house

wonlasewonimi:
Just buy a new house jejely oo if you go buy a haunted house

Na Oyibo ghost suppose dey fear person wey grow for naija

EngrSaks:



Na Oyibo ghost suppose dey fear person wey grow for naija

Abi ooh!!

Here where people buy houses next door to grave yards

wonlasewonimi:
Just buy a new house jejely oo if you go buy a haunted house

What about if the new build site, was previously a cemetery or hospital..........

Lexusgs430:


I again disagree..... You can get a bundle mortgage (part loan + part mortgage)..... A combination of both.........

I say again....... Wahala is like a bicycle........ I love to ride and stroke it.........

How does this work? most bank will give you 85% how do one get teh balance 15%?
ost of the time, you cannot use a personal loan for a down payment on a house. Conventional and FHA mortgages prohibit the use of personal loans as a source for down payments. Even if you can find a lender that will allow you to use a personal loan, it is unlikely to be your best option for a down payment.(copied)

NB I was blocked by the anti Spam Bolt I had to mail the administrators here to unblock me

fatima04:


In every country, the business model is to make money. The new builds we did for naija as contractors ehn na ish .

For me sha i like new houses since I dey live in one as a renter . Nothing like tear rubber house

fatima04:


In every country, the business model is to make money. The new builds we did for naija as contractors ehn na ish .

For me sha i like new houses since I dey live in one as a renter . Nothing like tear rubber house

Till all the joints, starts getting disjointed..... And NHBC insurance don expire.........

marylandcakes:


Abi ooh!!

Here where people buy houses next door to grave yards

You kill pesin.......

erico2k2:

How does this work? most bank will give you 85% how do one get teh balance 15%?
ost of the time, you cannot use a personal loan for a down payment on a house. Conventional and FHA mortgages prohibit the use of personal loans as a source for down payments. Even if you can find a lender that will allow you to use a personal loan, it is unlikely to be your best option for a down payment.(copied)

NB I was blocked by the anti Spam Bolt I had to mail the administrators here to unblock me

It's a combo mortgage and loan application, usually from the same lender....... The beauty of a broker........

RalphJean:


Waiting...

back
Help to Buy: Equity Loan scheme (2021-2023)

https://www.helptobuy.gov.uk/equity-loan/help-to-buy-equity-loan-2021-2023/
have a look at these option to those who want these schemes

Lexusgs430:



It's a combo mortgage and loan application, usually from the same lender....... The beauty of a broker........

AHAHA Brokers ke, noh now you talk the matter.wey those wey say brokers nah waste of time, I jst ask one of my guy now and the answer was in the afirmative.he also told me this can make you xcape PMI(private mortgage Insurance) na wah

fatima04:
In addition to all the points raised best interest i see is usually for 5years which means you are committed to the lender for that period.

Basically this also helps the house appreciate in value so also an opportunity to have a good mortgage repayment for that period. .

How can we as Muslims take advantage of mortgage because riba isn’t allowed for us. Gives me headache

tshoboy:

How can we as Muslims take advantage of mortgage because riba isn’t allowed for us. Gives me headache

are you in the UK?

erico2k2:

are you in the UK?

Yeah

tshoboy:

Yeah

This must be easy then if you go to Friday prayers just ask people you meet there cos there are loads of Muslims owning Mortgages 2 doors from me are Muslims from Bangladesh, So ask them there Im sure they will point you to the right direction.

This might help as well
https://www.moneysupermarket.com/mortgages/islamic-mortgage/

erico2k2:

AHAHA Brokers ke, noh now you talk the matter.wey those wey say brokers nah waste of time, I jst ask one of my guy now and the answer was in the afirmative.he also told me this can make you xcape PMI(private mortgage Insurance) na wah

Brokers have more mortgage financial products, than anyone can imagine..........

A good broker, is like an underground train.... They usually MIND THE GAP & FILL THE GAP...... If you know..... You know.......

Lexusgs430:



You kill pesin.......

But it’s true nah.
Africans too attach too much importance to irrelevant things.

tshoboy:

How can we as Muslims take advantage of mortgage because riba isn’t allowed for us. Gives me headache

There are some banks that have special mortgages for Muslims, speak to your bank or a mortgage broker.

Lexusgs430:



Till all the joints, starts getting disjointed..... And NHBC insurance don expire.........

True but old houses dey get problems oo. The previous places i have lived ehn from mould every time, to leakages, to rat, boiler problems and condensation ehn on top of that yeye creaking sounds. Its only the new one we rented for almost 2 years now, no wahala at all. Hence my experience.

tshoboy:

How can we as Muslims take advantage of mortgage because riba isn’t allowed for us. Gives me headache

There are some muslim lenders that you can try and get. During my research, I learnt its means lower LTV, higher interest rates (saw 3 to 5% interest vs 1.8% from conventional banks) and then visa restrictions.

marylandcakes:


But it’s true nah.
Africans too attach too much importance to irrelevant things.

Hahahha, go watch His house for Netflix. Oyinbo ghosts they vex too much

fatima04:


True but old houses dey get problems oo. The previous places i have lived ehn from mould every time, to leakages, to rat , boiler problems and condensation ehn on top of that yeye creaking sounds. Its only the new one we rented for almost 2 years now, no wahala at all. Hence my experience.

Rats .... chei in this abroad.
This is one animal I cant stand. I cant then imagine been in the same house with them

erico2k2:

This must be easy then if you go to Friday prayers just ask people you meet there cos there are loads of Muslims owning Mortgages 2 doors from me are Muslims from Bangladesh, So ask them there Im sure they will point you to the right direction.

This might help as well
https://www.moneysupermarket.com/mortgages/islamic-mortgage/

Thank you. I will do that and check this link out.

marylandcakes:


There are some banks that have special mortgages for Muslims, speak to your bank or a mortgage broker.

Thanks. I will do that.

fatima04:


There are some muslim lenders that you can try and get. During my research, I learnt its means lower LTV, higher interest rates (saw 3 to 5% interest vs 1.8% from conventional banks) and then visa restrictions.

Chai. Can you remember any of them?

fatima04:


True but old houses dey get problems oo. The previous places i have lived ehn from mould every time, to leakages, to rat, boiler problems and condensation ehn on top of that yeye creaking sounds. Its only the new one we rented for almost 2 years now, no wahala at all. Hence my experience.

Are you attempting to compare a jaguar E type to a jaguar XJ.............

Bourne007:
10 years on T2 outside of the maximum length? It's also point based so must meet the financial requirements else grounds for refusal.

Applicant must be special to the secretary of state ọ

Haha you’re not serious! It’s the dependents that got the 10 years, not the applicant. Lol.