I have recently completed my Right-To-Buy application with the council.
I have received my offer price which, after the discount, is £28,140.
I have a deposit of around £10-12,000 leaving around £15,000 and would like to pay off the debt in around 5 or 6 years.
After checking various websites, I have found that most do not have mortgages for less than £25,000.
I have been with NatWest for many years and would prefer to have my mortgage with them as it would be less hassle. (Living with parents and don't have a Passport or Driving licence or any other accpetable form of identity which is why I couldn't apply for a loan from anyone else a few years back.)
Is the £25,000 limit negotiable, or am I going to have to find another lender?
I would also prefer to have a mortgage that allows overpayments.
Thank you.
I have received my offer price which, after the discount, is £28,140.
I have a deposit of around £10-12,000 leaving around £15,000 and would like to pay off the debt in around 5 or 6 years.
After checking various websites, I have found that most do not have mortgages for less than £25,000.
I have been with NatWest for many years and would prefer to have my mortgage with them as it would be less hassle. (Living with parents and don't have a Passport or Driving licence or any other accpetable form of identity which is why I couldn't apply for a loan from anyone else a few years back.)
Is the £25,000 limit negotiable, or am I going to have to find another lender?
I would also prefer to have a mortgage that allows overpayments.
Thank you.