Using a pension to buy a house
Posted on 16 June 2009
Can I use my entire pension or part of it to cover the deposit for a social homebuy?
Without knowing your age, the amount of pension and the details about the property you intend to buy, it is very difficult to offer you an answer or even guidance. I suggest that you speak to an independent mortgage adviser in detail about your situation as they will be able to provide you an answer.
Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of John Charcol Limited. All comments are made in good faith, and John Charcol Limited will not accept liability for them.
We recommend you seek professional advice with regard to any of these topics where appropriate.
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