Hi all! Shot in the dark as I've not been in the system long enough in my country and am hoping for a realistic loan rate from somewhere that won't make me pay out twice the original cost.
So, I used to live in the UK and had great credit there as I was able to get a mortgage for a house and I was always, jointly with my partner at the time, on time for bills etc. I moved not thinking I'd ever want or need to buy anything requiring a loan as I'd save up instead.
However, I've come across a plot of land with a small house that looks as if my heart drew it. I've been saving since I found out about it last year and thought I had another year but as the property is co-owned by 4 siblings, some are wanting to get rid of it sooner.
More people have been coming to see it and I'm getting worried my efforts aren't enough. Unfortunately I don't have any friends or family I can ask for a loan but my partner's parents have a 40k house to be sold as collateral, I'll still be saving etc. So realistically the loan would be paid back within 2-3 years, everything is just taking time that I don't seem to have in regards to the property. I've spoken to the one co-owner I know who says its unfortunately not up to him and the 4 would only accept a down payment if the place was paid off within a few months.
I just don't know who or what to approach as I'd be able to pay a better interest rate than banks would give on a savings account, and pay bigger chunks as and when rather than a monthly payment but have no hope of getting the system to help me out.
I'm not begging or scamming (says a stranger on the internet, yup, I know), I've just never felt like this about anything before and I feel like I'll regret it for the rest of my life if I don't at least try. Thanks for any and all suggestions!
Submitted May 09, 2019 at 03:59AM by Esmeweatherwaxedlegs http://bit.ly/2H73RqC
