There was a time when house prices were booming and where buying a home simply involved approaching any lender of your choice and asking for them to give you a mortgage. More often than not they would approve you and wouldn't even require a deposit. This was because housing was increasing in price so rapidly that lenders knew that you would very quickly be holding equity in that property that would cover any risks of loss for them.
It got to the point where lenders didn't even stop at 100% mortgages but some started even offering as much as 125% mortgages, meaning that not only would you not require a deposit but that the lender would actually lend you additional money on top which could be used to cover legal fees and the cost of moving and possibly even to put towards furniture and home improvements.
Unfortunately those days are now gone and you will find it impossible to get a mortgage without a deposit. 95% mortgages, requiring a 5% deposit, are beginning to creep back into the market but are rare and often stipulate the requirement of a credit rating so high that most people will not qualify. 90% mortgages are a bit more common but it still stands that in most cases you will not need at least 15-20% of the property value to use as a deposit to stand any chance of getting approved and receiving a realistic interest rate.
This deposit can often be far out of the reach of many people but there are ways around it. The first and easiest way it to approach family. If you have family that are prepared to help you and can afford to then this is probably the best way to fund your deposit as it is unlikely to incur you any interest or charges and is a quick route to getting straight on to the housing ladder.
If you are not lucky enough to have friends of family able or willing to help you out then the next thing to do would be to approach the property developers directly. There are many property developers building new homes that are willing to stimulate interest in their developments before they are completed by offering various offers. One of these offers is to actually pay your deposit. There are two forms of ทาวน์เฮ้าส์มือสอง this. Some developers will actually discount 20% off the market value and use this as a "deposit" so that in reality you never put a penny down but the lender is lending you 80% of the market value and therefore feels happy that you have effectively put down a 20% deposit.
Alternatively, a more common route is that the developer will give you a guaranteed loan of up to 20% and count this as a deposit. This means that you can approach a lender and say you have put down a 20% deposit and only need an 80% mortgage and you then pay back the 20% to the developer a few years down the line at a low, or even zero percent interest rate.
This is a great route to take as it allows you to get a brand new property with an 80% mortgage without actually putting your hand in your pocket at all.
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