Bridging Loans - Property Purchase

[SimonMac]

So long story short, you tried and failed after making a lot of hot air as to show how successful you are and people picking holes in your back story.

Walter!

[MarillionFan]

So long story short, you tried and failed after making a lot of hot air as to show how successful you are and people picking holes in your back story.

Walter!

Not at all. I'm not selling my existing property and going to buy another one without a mortgage & need an additional loan to do so, so I can have funds to do it up.

Property is expensive down here in the South, don'tchaknow, we can't all have the choice of houses worth only 30k.

[vetran]

Just got my Invite to the newly refurbished Squirrel Towers an exclusive development by Majestic squirrel botherers Inc.

[SimonMac]

Not at all. I'm not selling my existing property and going to buy another one without a mortgage & need an additional loan to do so, so I can have funds to do it up.

Property is expensive down here in the South, don'tchaknow, we can't all have the choice of houses worth only 30k.

Then move, my 4 bedroom detached house with garage, 2.5 bathrooms and a huge garden in a quite cul-de-sac in a leafy (albeit a bit flooded) part of the North with not one but two OFSTED rated Outstanding Primary Schools doesn't attracted the middle England tax.

And considering you have a"portfolio" of BTL's the value of a house is irrelevant, the yields up here are better as rents are just as out of control up here as down south!

[MrMarkyMark]

Ftfy

then move, my, newly riverside, 4 bedroom detached house with garage, 2.5 bathrooms complete with huge garden and family inflatable

[WTFH]

But you have over £1million in cash, according to you.


I'm no accountant, but £150k is less than £1million, so why would you need to borrow anything?




Unless, of course, you fantasized/exaggerated/were economical with the truth when you said you had a million and this thread is just a moast.

[SimonMac]

Ftfy

Do you know how much extra a sea view costs these days!

[SimonMac]

But you have over £1million in cash, according to you.


I'm no accountant, but £150k is less than £1million, so why would you need to borrow anything?




Unless, of course, you fantasized/exaggerated/were economical with the truth when you said you had a million and this thread is just a moast.

Walter Mitty
wɔːltə(r)ˈmɪti/
noun
a person who fantasizes about a life much more exciting and glamorous than their own.
"my client is very much a Walter Mitty character"

[WTFH]

Then move, my 4 bedroom detached house with garage, 2.5 bathrooms and a huge garden in a quite cul-de-sac with a swimming pool, waterfront aspect and moorings for two boats in a leafy part of the North with not one but two OFSTED rated Outstanding Primary Schools a short sail away doesn't attracted the middle England tax.

FTFY

[MrMarkyMark]

FTFY

But you have over Z$1million in cash, according to you.