I think the only compulsory insurance most lenders check is the building insurance as the property is bank asset until you pay off the complete mortgage. Other insurance like life insurance, income protection and critical insurance are good to have. These insurances safeguard you against unforeseen circumstances and minimize the risk of property repossession by the bank.
Life insurance is not mandatory but is recommended to avoid any future complications due to unforeseen circumstances. But as far as I know building insurance and mortgage insurance are mandatory 👍
Nurse allathavark care ayitt varan pattumo single ayitt loan eduth vannal afer tax kurach save cheyan pattumo, uk il eath place annu kurach expensive kuranja and save cheyan pattunath,oru nalla agency parayamo
Mortgage maximum 35 years akathu ano pay cheyandathu. Bank loan pass akkunathu minimum 35 yearsil anu annu namml contact cheytha bank parayunnu. 20- 25 years akathu mortgage pay cheyyam patumo
No sorry, as we didn’t bring any overseas fund so not aware , but I guess if you contact any mortgage advisor they would be able to help you . Ps. We have given the contact number of our mortgage advisor in the description if you want to check out.
Such a good souls to educate others step by step info...God bless... Elizabeth.. Bangalore...
Thank you ❤️
നന്നായി പറഞ്ഞു. രണ്ട് പേരും ആസ്വദിച്ചു പറയുന്നുണ്ട്. കൂടുതൽ വീഡിയോകൾ ചെയ്യൂ 👍🏻
Thank you ❤️😊
Thank you. Very informative ❤
👍
We are going through the same situation now. That’s how I’m here. Thank you. Bless you ❤
😊
I think the only compulsory insurance most lenders check is the building insurance as the property is bank asset until you pay off the complete mortgage. Other insurance like life insurance, income protection and critical insurance are good to have. These insurances safeguard you against unforeseen circumstances and minimize the risk of property repossession by the bank.
Life insurance is not mandatory but is recommended to avoid any future complications due to unforeseen circumstances. But as far as I know building insurance and mortgage insurance are mandatory 👍
Very informative ❤
Thank you ☺️
Informative .. Thanks
Welcome
how much was guide price? hw much actual paid?
Mortgage advisor helped us in making a final deal for the house. We paid £ 5000 less than the guide price.
@justinjohn5488 thank you :) so we should take help of mortage advisor.
Prathikkanam .....😊
Sure ❤️
Sure ❤️
Very informative! It would have been even better if the video were shorter, but otherwise, it was great.
Thank you. We just wanted to share the experience in an elaborate way. Will keep your advice in mind.🥰👍
Justin uyir❤
Thank you Santappa ❤️
Like to see your lovely house... God bless😊
Thank you soo much
Good information
Thank you
Informative
Thanks ❤️
👍👍💞💞
good
👍👍
Can you please tell me your interest rate for 5% deposit
At that time it was in between 5.5 - 6.5% depending upon the price of the house.
Avide oke current rate engane anu veedinte
Depends on area and types of houses ,On an average £220000
Nattil ninnum parents loan aduthittu gift ayittu aa money engottu tharunnathil problem undo?
Kuzhappam illa ,pakshe naatil loan adukkanengil,parents nu loan thirichu adaykkan kazhiyo?illengil ningal randu sthalathum loan adachu kondirikkanam,
Soft check doesn't affect credit score
Yes ,that’s true. Sorry it was a mistake, soft check does reflect on your credit history but doesn’t affect the score . Thanks .
10:20 This is the Housing Myth we all believe 😂
Nurse allathavark care ayitt varan pattumo single ayitt loan eduth vannal afer tax kurach save cheyan pattumo, uk il eath place annu kurach expensive kuranja and save cheyan pattunath,oru nalla agency parayamo
You must have a job offer from an approved UK employer before you apply for a Health and Care Worker visa.
@@travelmodebyjustinjohn nattiel Ulla oru Agency parayamo nallath
Location evida annu ?
And what’s the house price you paid? Like total 300k (house price)
Pontypridd
❤
Mortgage maximum 35 years
akathu ano pay cheyandathu.
Bank loan pass akkunathu minimum 35 yearsil anu annu namml contact cheytha bank parayunnu.
20- 25 years akathu mortgage pay cheyyam patumo
Yes. But then the monthly repayment will be too much, so the bank will check whether you can afford that much or not.
Where are you from?
Kerala
Where in wales are you living? By the way this video is really informative.
We are glad that it was helpful to you in some way.By the way we live near cardiff
Eppozhanu deposit kodukkandathu..2 months ullilano
Solicitor’s paper work ellam kazhinju around 3 months ullil.
Are you aware of the documents that are required for the funds gifted by parents from India?
No sorry, as we didn’t bring any overseas fund so not aware , but I guess if you contact any mortgage advisor they would be able to help you .
Ps. We have given the contact number of our mortgage advisor in the description if you want to check out.
Your parents has to write on a whitee paper that they are gifting money with their signature. You should tax overseas fund if it is above 7000 pounds
If you bring the money before 6 months it is not necessary to show the source , but if it is large amount of money it is different.
Monthly ethraa pound emi adakkanam
It depends on price of the house