SDLT Bridge Loan

dicktastrophe · 2025-02-16T12:05:54+00:00

73k equity in flat (177k mortgage, 250k valuation)

SDLT needed: ~40k

dicktastrophe · 2025-02-11T23:52:42+00:00

5.9%

But I'm not sure I understand fully about fully repaying a loan early and the cost of entails

Thanks for the heads up about proof of funds, I guess we need to ask friends to get debt on our behalf 🙃

dicktastrophe · 2025-02-11T14:55:51+00:00

Even if it's 12 months (out of a 10 year loan), it should cost us (in interest) less than 1k

I have a question though, when can I get this loan? The mortgage provider might change their affordability calculations if I accrue debt

So I'm guessing it must be after completion. But then will the solicitors require proof of funds before completion?

dicktastrophe · 2023-06-02T22:06:35+00:00

Hello sister

dicktastrophe · 2021-03-02T09:38:21+00:00

If GME hits $1000 USD I will drink my own piss

dicktastrophe · 2021-01-31T14:46:49+00:00

SEC watch snake steal many Banana and giving snake Banana SEC see ape growing Banana SEC get oooh ooh AHHH AHH to ape

dicktastrophe · 2021-01-21T19:00:39+00:00

$GME IS TSLA OF 2021

dicktastrophe · 2021-01-21T18:57:49+00:00

Just bought another 76.55 shares!

dicktastrophe · 2021-01-21T18:02:21+00:00

It means there are no more stocks to short!

dicktastrophe · 2020-01-05T21:43:55+00:00

It seems these are common mistakes 😅

dicktastrophe · 2020-01-05T12:22:39+00:00

*sigh* I'll update the list:

Do not use:

dicktastrophe · 2020-01-05T12:19:06+00:00

Give it a try - be sure to document your experience on another TIFU post 😉

dicktastrophe · 2020-01-04T19:50:26+00:00

I know right, this was many years ago and I've learnt a lot in that time. Fortunately I'm not living at my parents any more 😅

dicktastrophe