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Old 17.12.2013, 13:02
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Sean Connery Sean Connery is offline
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Re: Buying a house with less than 20% of price as own funds: possible?

The bank will make a risk-based valuation on the property and that will be the maximum they will lend to you.

They will also make recalculation payment estimates against your income using 5% interest rates.

The bank will value the property most likely lower than your valuation or what you're prepared to pay.
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