Hi
Was looking at buying a house to purchase, renovate and sell. I work in the building trade so was going to do most of the work myself to cut down on costs. I now have enough money to put down a 50% deposit on a house.
I was looking at mortgages available without early repayment fees so as to avoid lots of costs when it came to selling the house and so that i am not tied into a mortgage for a couple of years. I have come across "lifetime tracker mortgages" from hsbc with no early repayment fees, no booking fee and no exit fee. Would this be a suitable mortgage for my house renovation project and are these types of mortgages really "no fee" as advertised?
All advice welcome
Thanks
Was looking at buying a house to purchase, renovate and sell. I work in the building trade so was going to do most of the work myself to cut down on costs. I now have enough money to put down a 50% deposit on a house.
I was looking at mortgages available without early repayment fees so as to avoid lots of costs when it came to selling the house and so that i am not tied into a mortgage for a couple of years. I have come across "lifetime tracker mortgages" from hsbc with no early repayment fees, no booking fee and no exit fee. Would this be a suitable mortgage for my house renovation project and are these types of mortgages really "no fee" as advertised?
All advice welcome
Thanks