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[8D]
Hi there

I was discharged from my Trust Deed last February[^]

I have been offered a fantastic opportunity to buy a property vacated by my dad, he is now in a nursing home.

The value of the property is 80'000 and i am being offered it for 40'000. I am a first time buyer ! My aunt has offered to be a guarantor if required, but at this point i have little capital to put on the property.

I have started speaking to motrtgage advisors re a mortgage for this amount. I work full-time, permanent and earn £30'000 per year. The debt in my trust deed was a mix between a loan and hire purchase on a car. My only outgoings are my rent ad council tax, i have no new credit, but recently applied for a credit card to build up my credit.

What do people think my chances are of getting a mortgage ?? [:I]

Hi and welcome.

You can but try to get a mortgage, I have no idea whether or not your would be successful but if your aunt is willing to act as guarantor that may help.

Hopefully one of the experts will be along to advise.

Hi and welcome to the forum, it would be great if you could take up this opportunity all the best. x

thanks for your welcome xx

At that level of loan to value - I would have thought pretty good. I know a couple of mortgage brokers that may be able to help you here if you need to explore options.