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buying a 2 bed in London as non-resident

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Paggy asked 2 years ago

Hi everyone,

I´ve got my mortgage settled in Europe and would like to buy a 2 bed flat in London. The plan is to rent one room and keep one room for myself. I´m on pre-settlement scheme and currently not living in the UK. My options are buying new, but this would probably mean buying 75% shared ownership and I´m not sure if I´m eligible. Or, buying an older flat, but the cladding certificates are often not mentioned on advertised flats. Any recommendations?

Best, Paggy

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Marc Attwater Staff answered 2 years ago

Seek advice from a mortage consultant that is regulated. You can contact the BLA members Mortgage service.

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