SMF - Just Installed!

startup loan / mortgage

Started by jackblakebristol, January 19, 2014, 08:33:33 AM

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jackblakebristol

Major difficulty im having is that I want to take 20k loan for a deposit.... would this work? Unsure yet whether will go personal or ltd but if its a loan to starr a business isnt a viable option?

I already pay into an account £1000 a month repaying a deposit for my own home to my parents... ( nearly done )got 15k in it
If I took a 20k loan and put this into the same account 3 months before applying for mortgage. ....I then have with 3months banks statements showing £1000  a month 'savings' and a deposit of 35k thats steadily built.....will this be acceptable.?????

P.s thank you all for any responses fully appreciated