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Are you ready to be mortgage mates?

Mortgage Solutions
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Posted:
19/09/2006
Updated:
19/09/2006

Paul Gascoigne and Chris Evans may have moved in together but Barclays has warned Brits to think twice before following their lead and taking a joint mortgage.

The bank says that whilst living with a friend can be the time of your life, actually making the step to buy together can open up a can of worms unless you think carefully beforehand and be honest with each other.

Richard Saulet, head of mortgages at The Woolwich, said: “Two people joining together to purchase a first home makes the step onto the housing ladder a lot more affordable, as well as making the whole buying process less daunting.

“However, getting a joint mortgage is a very important investment and you need to ensure you make the right choice. Get as much advice as possible before taking the plunge.”


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