Hi Everybody,
I am starting this thread to collect and share information on buying property and getting loans in Uk.
To begin with, I am posing some questions which the members can answer and will be a good start.
1) Getting married and finally decided to move out of my uncle's place. During the house search found minimum £1000 rent for a decent house. So, though of buying and paying a mortgage instead of rent. Am I correct in doing so, what do you guys say. Has anybody done something like this before.
2) Can a Tier 1 buy any property, if willing and affordable within UK?
3) Shoud I wait until I get ILR, cos maybe tomorrow if i dont get extension then what abt the money I already invested in buying the house. My visa is due for extension in August 2012
4) Will a Tier 1 person get any kind of fiancial assistance within UK for buying it?
5) To get a loan to purchase a property in UK, how long one should have been living and working in UK?
6) Any other criterion to be fulfilled to get a property loan (Home loan)?
Any additional suggestions are very well welcome and will definitely help someone.
Thanks..
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