Persimmon have come up with a raft of 'moving options' which are broadly similar to Redrow's, the main difference appears to be that Redrow will 'pay' your Stamp Duty Land Tax, legal fees and a 5% deposit but Persimmon will, effectively, give you an interest free mortgage on one-quarter of the property.
This still all looks a bit like mortgage fraud to me.
Friday, 23 May 2008
Persimmon - feel the fear!
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2 comments:
I think you have a point as regards mortgage fraud;
it could be undeclared income too?? Might the tax man be interested?
No, it's not undeclared income provided it's your home, not a buy-to-let, where it gets a bit tricky.
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