I had a job offer from Cadbury, and I had a large student debt. The job offer from Cadbury meant that I could get a 95% mortgage. But how was I going to get the 5% deposit?
I’m sure you’ve heard the phrase, where there’s a will, there’s a way.
That’s what happened in this case.
You see, my Grandmother had just sold her house and moved in with my parents. I asked her if she would lend me the money for the deposit. I offered to pay my Grandmother a much higher interest rate than the bank. Fortunately, she agreed.