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Scottish Trust Deed Forum
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Topic starter
18/06/2012 9:50 am
Looking for a wee bit of advice.
We have been accepted by the council through their right to buy scheme and they have made us a very good offer, and this includes discount of £15,000.
My trust deed finished a year ago and I was discharged two months later. I have a decent steady income and secured a credit card last September (which I have paid on time every month since, using it wisely).
Has anyone had experience of trying to get a mortgage in these circumstances, or can they recommend a decent firm to speak to please?
18/06/2012 10:15 am
Hello tinsoldier.
I cannot point you towards a particular firm, but in general we'd advise contacting a couple of local mortgage brokers to see whether there are any mortgage products available that meet your needs and circumstances.
The discount is very useful as it provides a buffer for the lender in case something goes wrong (like a deposit would do for some purchasers).
Maybe someone will have a personal experience of this scenario already that they can share with you...
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
18/06/2012 11:42 pm
Remember to find a whole of market broker for the best chances of success.
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
