W H Y R E N T W H E N Y O U C A N B U Y ?
 |
Can you pay a mortgage while the bank says you cannot? |
 |
Are you not in receipt of housing benefits? |
|
Do you have a consistent good to excellent credit score? |
|
Do you have an excellent rent payment record? |
| |
Is it about time you stopped paying twice the mortgage in rent? |
What is a joint purchase?
A joint purchase is simply the acquisition of a property with one or more co-buyers.
But why a joint purchase?
If you rent a room, you could possibly buy the same property with a couple of co-buyers and pay but a third of the rental costs with a mortgage, plus gain on the property’s equity.
Or you may want to buy a renovation property to flip (purchase, renovate, then sell for a profit) with a partner, if you only have part of the required funds.
Note: banks do not allow you to buy a property with a loan! But you may use any money you have to buy a property!
REGISTERING YOUR INTEREST
The most effective way to prepare for your listing is to check with the bank how much you can borrow on a mortgage or loan, and then fill out this form.
Once you have filled out your form, your data will be matched with suitable applicants, and you will then have a choice of who to join with. This service is free of charge.
JOINT PURCHASE SIGN-UP FORM