Totally baffled? Totally close to giving up?
Yes, I want to buy a house, NO I dont have a deposit?
I know at this economic time this is probably not going to be easy but does anyone, anywhere know of any 100% + mortgages??
I am 30yrs old, in full time employment, single, earning just over £20k per year. I have nothing to invest as I've never been in a situation where I was able to save anything that was spare? I've been renting shared accommodation through a friend at £340/mth which includes rent & council tax but this will shortly be coming to an end. Having looked at other rented accomodation in the area I'd be looking at £360 upwards per month just for renting so would like to "invest" in a property by buying as apposed to throwing money away again!
I've seen a couple of properties for sale ranging between £60k and £75k which I think could be within my scope of mortgage repayments.
However, I equally dont understand a thing about mortgages, which type is best, etc.
ANY ADVICE of ANY DESCRIPTION would be VERY gratefully received.