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Nasqueron...Thanks for the post... Although in reality it would take nearer 2 years to save, and it could be argued that in that time the property could have went up in value and will require more deposit and more mortgage...anyway its still a valid point. 80K mortgage paying off in 3 years is maybe...

Thanks Dingo12....I was pretty much of the same opinion, but thought it worthwhile canvassing some other views....I wouldn't be comfortable about misleading the lender on the loan purpose, prefer to follow the rules and sleep easy ! However if there was a genuinely acceptable method out there then b...

Borrowing to Fund a Mortgage Deposit richieboy

Appreciate any help or advice with regards to the following..... Does anyone know of any mainstream lenders who will provide a personal loan for the purchase of a second house/flat deposit, and also any mainstream lenders who will provide a mortgage on the back of the deposit coming from a personal ...

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