For individuals who haven’t protected a deposit whatsoever not really an effective teeny little you to definitely (undoubtedly, performed I absolutely purchase anywhere near this much into The brand new Year’s Eve seats regarding the nineties?!), you will have to qualify for what’s called a beneficial guarantor mortgage. A beneficial guarantor can often be a relative who is lawfully in control to have paying back the complete mortgage if you can’t also people charges, fees and you may attention.
How much cash must i obtain?
Once you have worked out how much cash deposit you’ve got, you can start working on how much cash you can acquire. The amount you could use hinges on a good amount of things, as well as your money (and whether your performs full time, part time otherwise casually), marital condition, exactly how many dependents you really have, your credit score and you will expenditures.
UNO’s selection of calculators are made to help you decide your borrowing from the bank power, money required to pick a certain family in addition to cost out-of anything such stamp responsibility. Continue reading “Can i have the Basic Homeowner Grant?”