Mortgage or Loan for RTB on 16th Floor

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Thursday 13 February 2014 11.12am
Hello All,

I have been looking through this forum with interest and am hoping that someone out there might be able to offer me a little advice.

I am in the process of trying to purchase my 16th floor flat on the Brandon Estate, SE17. I have tried to buy before and not been able to raise money or get a mortgage because of the usual reasons with a high-rise.

I realise that I am unlikely to get a mortgage but I wondered if anyone had any experience of obtaining funds though a loan? It seems like a safe bet for someone to lend money on particularly as I am eligible for a significant discount so as soon as I buy the property it is immediately worth more than I would pay for it...?

I have read some of the horror stories on the site about major works and in my contract they are capped for 5 years.

Perhaps someone knows of a financial advisor in the area that might be able to help with this?

Many thanks for reading my post.

Friday 21 February 2014 9.46pm
Only worth more, presumably, if any potential buyer doesn't need a mortgage...

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