They state the lending company really’ owns your home
On the other hand, my friend P. bought a flat in the exact same date just like the myself which have a great 20% put and you will a payment financial. He’ll provides as paid off a couple of per cent regarding their financial.
- None folks own all of our attributes outright.
- Both of us is repossessed when we are not able to make our very own mortgage payments.
- He or she is made bigger monthly premiums so you can his lender. You will find lay a top percentage of my personal net income into opportunities.