Warning: include() [function.include]: URL file-access is disabled in the server configuration in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include(http://www.hurryloan.com/rightbar.php) [function.include]: failed to open stream: no suitable wrapper could be found in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include() [function.include]: Failed opening 'http://www.hurryloan.com/rightbar.php' for inclusion (include_path='.:/usr/local/share/pear') in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78   Go Back To Search Results Question Why cant you apply for a morgage if you have less then 1 year on your visa? My boyfriend and i are looking to buy next year and have been told we arent able to get a morgage as i will have less then 1 year left on my visa, even though its an ansestral visa and ill be applying for my british passport in the future. By pyxieg Posted on 11/26/07 Total Answers 6 Answers- Reason being if you are denied access to stay in the country you would default of course on your mortgage. Cant own something when you dont live in that country legally. Answer by : Renee On Date 2007-11-26 07:41:05 You are a higher risk of being thrown out of the country, defaulting on your mrtgage giving the banks a hard time of recovering their money. Answer by : Markymark On Date 2007-11-26 07:45:24 If you're tossed out of the country, you obviously aren't going to be making your mortgage repayments. Let's be honest, would you lend a lot of money to someone who in theory may not be around next year? Answer by : Colin M On Date 2007-11-26 07:48:22 Perhaps because it can take up to a year to get your Visa renewed ? I suggest you apply for your British Citizenship as soon as possible .. that can also take a long time ... Answer by : Steve B On Date 2007-11-26 08:20:29 Yes you can have a mortgage if no longer than 11 months ..My answer is as silly has your question .Are you sure you don't really no why.Then get one when you have a right of stay . Answer by : keith m On Date 2007-11-26 08:22:37 bcoz you can run away....ancestral visa does not guarantee you will get stay here in the future...they keep changing criteria and prices at the HO.... Answer by : debmil31 On Date 2007-11-28 05:00:23   Go Back To Search Results