exactly the info i was looking for brilliant thanks

@mortgageadvice.vantage

2 жыл бұрын

So glad you found it useful!

Just found your page and this video has really helped me understand the process. Thanks for sharing, binge watching your channel as we speak with notebook and pen at the ready!!

@mortgageadvice.vantage

Жыл бұрын

Ah that’s awesome thanks! Feel free to get in touch if you have any extra questions!

Brilliant answered all my quiries and comcerns.

@mortgageadvice.vantage

4 ай бұрын

Awesome!

Thanks for the video it was very useful!

@mortgageadvice.vantage

9 ай бұрын

Glad it was helpful!

Nice and clear thanks!

@mortgageadvice.vantage

9 ай бұрын

Glad it helped!

Just the video I was looking for. I do think the whole system is pretty backwards, especially with the potential of losing your buyer 😢 a very stressful process which I’m currently dealing with. And have only seen two properties I like 😂

@mortgageadvice.vantage

4 ай бұрын

It can definitely be stressful! If you want to run through things in more details just pop me an email adam@vantage-mortgages.co.uk and I will be happy to help!

What happens if your new properly requires small renovations, but you want to keep your existing house for a short time, say 3 months. How does one go about this? I.e. Owning both properties? I have the money in equity and mortgage on the first properly plus cash. It isn't clear how this works.

@mortgageadvice.vantage

4 ай бұрын

Hi Sorry for the delay! Yes you may be able to do this a couple of ways really if you have the equity, its quite bespoke depending on the exact situation! Pop me an email and I can go through it with you adam@vantage-mortgages.co.uk

do you have anything in relation to right to buy chains because i am having to give first refusal to L.A as part of contract so it's highly likely that estate agent will not be involved ?? im planning on getting 2 different independent valuations before i activate the sale and contact the council for information on there process and likely timelines. thanks

@mortgageadvice.vantage

2 жыл бұрын

Hi Rob, yes you will have to speak to them first, to be honest it’s not something I’ve dealt with before in that exact scenario but we can certainly find out for you. If you want to just book a quick call we can grab some details and do some research!

Marketing my property next week, sale will go toward deposit remaining coming from new joint mortgage, current property no mortgage all cleared, seen new property made offer, if accepted do they need to know mine not sold yet? Or can we give agreement in principle get solicitor to align both sale and purchase whilst current property sold?

@mortgageadvice.vantage

9 ай бұрын

Hi, thanks for the question! So it’s very unlikely you will get your offer accepted on a new house if you have not sold yours, if you need the money from it to be able to purchase. Most estate agents will advise their seller to wait until you also have a buyer. However, have you thought about if you could keep your current house? If there is no mortgage on it now we could take out a mortgage to give you some deposit then rent your house out, keeping it for later in life! Happy to chat through how that works any time!

These are very helpful videos. I hope this is okay to ask. But we bought a shared ownership new build home in 2019, currently we have paid off about £6000 of the £92,000 we borrowed, not including the interest. We want to upgrade to a bigger house, if we sold this house would we actually have any money for a deposit on the next house? Do we only get the £6000ish minus any fees? I assume we'd want to transfer the mortgage to the new property? The other thing i cant seem to find the answer for is, if someone left you a house that had no mortgage and you wanted to move into it, what happens to your current house and the mortgage?

@mortgageadvice.vantage

2 жыл бұрын

Hi there, this sounds like you would really benefit from a proper call to go through it with us, it’s free and you can book a time on the link in the description or the website! But, in answer to your question, you would have the initial deposit you put in plus the extra equity you now have from repaying some and the house increasing in value so you may be in a better situation than you thought! In terms of being left a house, we can use that too. It depends on the overall plan but sounds like you have a few options! Hopefully speak soon!

If my selling solicitor quote much higher legal fee than others. Sholud I just go for it or still can use others solicitor?

@mortgageadvice.vantage

6 ай бұрын

I would say either go for it with them or you could also swap to a new solicitor for both sale and purchase. Beware though cheapest is definitely not best when it comes to solicitors, they can make or break your sale! So if they are good then maybe just stick with them

Good content.... thanks

@mortgageadvice.vantage

Жыл бұрын

Glad you liked it!