Here are a couple of my suggestions:

1. Borrow the money from a family member or parent or friend. Borrowing from parents used to be the most popular way that first time buyers got their deposit, however with pension values falling so much; many people have to hold onto their hard-earned cash. Saying that they may lend you money in the short-term. Offer them incentives… offer to pay them interest on the amount that you borrow. For example, if you borrow £15,000, pay them 5% per annum for it. That will cost you £62.50 per month; they certainly wouldn’t get this return on their money from the bank. It is important that you set a time in which you will pay back this money and plan on how you will do it.

2. Purchase a house at 25 – 35% below market value and then after a short period of time you re-mortgage the property. Sometimes you will be asked you to put down a deposit based on the purchase price (which you would have to borrow), but I will show you how to get this deposit back and more in the following example:

So, you find a property that has a value of £100,000 and purchase it for 25% below its true value i.e. £75,000. Your lender will probably ask you for £11,250 as a deposit (15% of £75,000) and give you a mortgage of £63,750. You have to make sure that this mortgage has no tie in period. After a few months you re-mortgage. When you re-mortgage a property you own, the lender will lend you 85% of the VALUE i.e. 85% of £100,000 = £85,000. With this £85,000 you pay off your previous mortgage of £63,750 and the borrowed deposit of £11,250. This totals £75,000 and the lender has given you a mortgage of £85,000… you now have £10,000 cash left over!!! You can do whatever you like with this extra money!

The easiest way to find below market deals is from a person who sources properties below market value… ask your financial advisor for sourcing agents or search online.

-Property in London

How much did he take you for?

He owes me 25k ++++

Mey Email address is johnrichardstandring@yahh.co.uk

Got lots of info for you.

Regards John 07973322589

I am a victim of AJAY AHUJA.

Waiting for court decision regarding my money claim.

please be warned this: He is big fraud please don’t hand him you hard earned cash as i did (stupid of me!)and i am now crying running after him and he is enjoying life with my money and of other innocent peoples, but i trust in GOD and unfortunately he is also a son of GOD!!! but he will have to pay!!!!i would like to get him face to face to say something to stop him doing these to other peoples but i am doing this to warn all peoples to be carefull.
thanks

Ajay 100-25 = 75 not 70 as shown..

There are a few mistakes in your books also sorry mate but accountants hardly ever make ‘silly’ errors like this.

This was the usp that finally made us say NO to your deals…. But goodluck.

Emailing you today. I’ve done another hubpage – with links to help others get their money back from people like Ajay…
http://hubpages.com/hub/Scammed-By-Ajay

Hope you get him can you Email me, johnrichardstandring@ yahoo.co.uk, maybe we can help eachother.

Regards John Standring Or call 07973322589

Did you decide to go with Ahuja? And if not, any particular reason?

As someone trying to increase my property portfolio i’m tempted by Ahuja, but money for nothing…..seems to good to be true to me!

Thanks
Newbie09

Ps. really enjoy reading your blog.

I have seen this gifted deposit type scheme before and thought it was stopped. The bank are basically 100% funding the deal and most will only lend on the purchase or valuation price which ever is the lower. Are there any lender left that really believe the finders fee is not part of the purchase price?