Hello,
I was hoping for some general advice - is it possible and worth getting a 100% mortgage? I am a first time buyer and seriously considering getting a property to live in and rent a room out. I don't have a deposit, but would be able to afford repayments, especially if one or two people moved in with me.
I don't know whether this would be a foolish move. The rental market in my area is good (my live in landlord does it for a living so I have some advice on this).
Thanks,
TT
I was hoping for some general advice - is it possible and worth getting a 100% mortgage? I am a first time buyer and seriously considering getting a property to live in and rent a room out. I don't have a deposit, but would be able to afford repayments, especially if one or two people moved in with me.
I don't know whether this would be a foolish move. The rental market in my area is good (my live in landlord does it for a living so I have some advice on this).
Thanks,
TT