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  • Profile photo of LCLC
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    @lc
    Join Date: 2004
    Post Count: 1

    Hi Nehal,
    At 15 you may well be precluded BY LAW from signing a legally binding contract, but if that’s not the case you could look at becoming the ‘purchaser’ in a rap deal, provided the property was right.You could perhaps find one or two “flatmates” to help with the repayments, then in a couple of years when some equity has been amassed you wouldn’t need a ‘deposit’ and you would have established your bona fides with mortgage brokers to buy the property outright.
    But a job kinda helps!
    Good luck, and keep thinking about it.
    RC for,

    Lynn Candey

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