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Bridging Loans - Property Purchase

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    #31
    As for the original poster the biggest risk by far is a house price crash happening while you sit on two houses. If that were to happen concern about the interest rate and fees will seem trivia.

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      #32
      Originally posted by CoolCat View Post
      As for the original poster the biggest risk by far is a house price crash happening while you sit on two houses. If that were to happen concern about the interest rate and fees will seem trivia.
      And the chances of a UK house price crash are............................................... ........?

      Zero.

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        #33
        Originally posted by DimPrawn View Post
        And the chances of a UK house price crash are............................................... ........?

        Zero.
        Less than that....

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          #34
          Originally posted by AtW View Post
          Less than that....
          - zero.

          Comment


            #35
            Originally posted by DimPrawn View Post
            And the chances of a UK house price crash are............................................... ........?

            Zero.
            WHS.

            Plus with planning, on a 3 acre plot I could build 30 houses. Kerchiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiing!!! !!!!!!!!!!

            (Still not expecting to get it)
            What happens in General, stays in General.
            You know what they say about assumptions!

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              #36
              Originally posted by MarillionFan View Post
              (Still not expecting to get it)
              Not with your losers mentality ...

              Comment


                #37
                Originally posted by DimPrawn View Post
                --zero;
                FTFY

                Comment


                  #38
                  Originally posted by AtW View Post
                  Not with your losers mentality ...
                  It's too good a deal. Plus, this evening after 'accepting our offer', another agent has just advertised it.

                  I purposely went in aggressive, so Que Sera Sera.
                  What happens in General, stays in General.
                  You know what they say about assumptions!

                  Comment


                    #39
                    Originally posted by MarillionFan View Post
                    I purposely went in aggressive
                    You went in aggressively by offering £20k more over asking price?

                    Comment


                      #40
                      Originally posted by AtW View Post
                      You went in aggressively by offering £20k more over asking price?
                      I went in aggressively with a cash offer an hour after being the first viewer, turning up with builders who were verbally very negative in front of other people on the open day, utilizing a bridging loan facility that I had previously agreed, sending all proof within an hour, plus 20k above the asking price and phoning every hour to close out.

                      That's how you nail something down Squirrel boy as opposed to having the vendor offering you a property one year and increasing it my 60k a few years later.
                      What happens in General, stays in General.
                      You know what they say about assumptions!

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