It's is a beautiful house. Really liked the kitchen cabinets' grey and wood colour combination. Congratulations to the owners. The owner looked genuinely thankful which is good. It's a great achievement to buy a house so quickly. That too a good one.
Anyone can buy a house here if you can put down 5% deposit at least and If you can prove you have enough income to cover the mortgage. The only problem is if you take a mortgage ( house loan) for a large amount and the interest rates jump high, like what is happening now, the mortgage will take up a huge amount of your salary / salaries.
We can buy newly built houses easily. Its like buying a new car. There are many private mortgage lenders who give you the money with high interest rates. And these newly built homes comes with 10year guarantee & it’s obvious nothing will happen in that period. Maintenance and reselling such houses is really painful. 😊
Hi .... Swaroop ..... Happy to see ..... Congratulations Dears .... God Bless with Best Wishes 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏..... Actually this channel is very helpful to everyone
When interest rates are high and If u take loan for 10 yr/15yr period even a small 2 %change will effect u .rates are going to fall in two years this bubble will burst that's historical data says . Inflation eases this will fall like a stone
Help to Buy is no longer available. It was not always good to opt for this scheme because repayments are based on the value of the house. As the house value increases over time the payment back to the scheme also increases correspondingly. So if you opted for 40k help to buy, the capital repayment itself may become 50k if the home increases 25% in value and interest on top of that after 5 years. Not sure everyone knows that. The good thing is that it works in reverse also, if the home falls in value, the capital outstanding also falls by the same percentage. But who buys a house that will fall in value?
It all depends on the economic cycle, I feel this guy would benefit as he bought at the peak, in near future the house price would be dropping,. I expect it to remain in such a situation for next couple of years. Agree with your statement it is not a good idea to buy the house using this scheme.
Anyone can buy house in UK if they have got enough money to put deposit or pay the full amount. In this video they were talking avout help to buy scheme which is not available anymore. This has been replaced by shared ownership and loan to help with cost of building or hiring someone to build. If you don't have enough money to put deposit anyone with less than 3 years of UK address, history will struggle as the banks won't provide mortgages . I am not sure what is the intention of this video because they were not even informing that this option is not available anymore.
Really inspiring.. We are also planning for a house. May God Bless all.. We live in bournemouth as my husband have sponsorship here. Is bournemouth worthy property based chetta??
Both have good salary..I think both are nurses..so like this all can buy house in 6 months...or one person need good salary...we also bought new house ..with gods grace...
Hi Satyetta/anyone, The white prople here do the maintenance and all the works themselves. They have a tool kit like a plumber or electrician. Do we need to learn these? Where can we get the basics? Noone is telling about these maintenance. Obviously we cant do alone like them?
"UK വീട് വാങ്ങാൻ വളരെ എളുപ്പം ആണ്😂" നാട്ടിൽ ഇരിക്കുന്നവർ ഇതു കേൾക്കുമ്പോൾ അങ്ങു വിശ്വസിക്കും. ഇവിടുള്ളവർക്കാര്യം അതിന്റെ ബുദ്ധിമുട്ട്. And the fact is "Help to Buy is a trap" അതിൽ അഭപ്രായവ്യത്യാസം ഉണ്ടെങ്കിൽ youtube ഇൽ തന്നെ നോക്കുക. 10% ഇട്ട് വീട് വാങ്ങുക കാരണം അതാണ് Safe& secure.
Thanks for the video😊😊very informative video🥰. God bless u ❤ I got a job in liverpool hospital, and can u please let me know if liverpool is a good place to live ?
help to buy is a burden or a liability. your repayment is 20% of the total value of the house when you settle the amount. its an equity loan you can not pay in instalments. njan itheduthu pettupoyi. ini valla lottary adikkanam help to buy repayment cheyyan. better not to go for it or keep it as a last option.
Satyan bro This is robin living in Bristol ,just arrived to uk NHS Would get an advice which part of bristol is best to buy a house and also planning to take rental accomodation first after my family comes,will like to get a guidance from you and Mathew sir
This depends on the bank. Some like Barclays and Halifax can agree for 10 to 15% LTV, others like Nationwide will ask 25% LTV before ILR. I have gone with Barclays with 25% LTV for 237k house. It is near the city center so expect value to increase, even if I sell the house, I will get back more than my mortgage outstanding because of my 25% deposit. Maximum deposit is always better than minimum. Having a good credit score will help to negotiate smaller deposit if you wish. If not dealing with bank directly, talk to a mortgage adviser who has transparent terms. If you have a good salary it is very easy to get a mortgage, you can take either in single or joint names even if you are married if you want to exclude partner from the mortgage liability.
You only need to have good history of managing credit. The score itself is not an important factor. If you have history of mismanaging credit, mortgage may be hard to get in extreme cases. Mostly they will ask for very high LTV deposit to reduce their risk exposure. If you don't pay the mortgage they will just take away your house and recover their money. Before applying for mortgage ensure that you don't have other unsecured personal loans and unsettled credit card balances. Otherwise they will tend to reduce these balances from the mortgage and add it to the deposit amount. Also don't apply for any further credit products in the past 6 months from applying for mortgage, this may register a hard search on the credit file. Ensure incoming money into your bank account is more than expenses for at least 6 months. Transferring to savings and investments is ok. Just watch the expenses, you should be able to show that you can afford the monthly repayments. If you are new to UK start your credit file by applying for a current account and any credit card. There are many cards for beginners available. Every month end the open balances are updated on Transunion, Equifax and Experian. So make any payments to clear balances at least 3 days before 30th every month. I started like this and now I am proud to say that Barclaycard has approved me a Rewards Credit Card with a very high limit which is very hard to get and I have a sky high credit score in 4 years. Also register asap on the electoral roll and try not to use BNPL products like Klarna or Clearpay. Apply for a LISA like Nutmeg at least 1 year prior to buying home if you are less than 40 years of age, you can contribute 4k annually into this pot, it will become 5k immediately by government boost. Every year you can get free 1k from the government if you put in 4k. On top of this there is interest growth and capital growth. I have held LISA for 3 years and I have gained approx 6k towards my house deposit. I have provided deposit of 25% and remaining mortgage, I am very happy with this. A mortgage is actually easier to get than personal loan or credit card. Not many realize this😁
Hi Sathyan ,I live in Cardiff,I am planning to bye a home.Can you plz advise me how can I bye a home in Cardiff.Have you got anyone who can support me to buy home in Cardiff.
