I’ve just read your home buying guide from start to finish without pausing.
I’ve just read your home buying guide from start to finish without pausing. My wife and I have been desperately looking for a way to purchase a house without interest and without getting involved with some of the dubious mortgages aimed at Muslims. Until I read your book my plan had been to attempt to buy something at the bottom of the market by borrowing from friends and family. Paying back the money over five years would be just about feasible but here, some lenders would want an extra payment tied to inflation to ensure they don’t lose out.
The other option is to just wait until the housing market in the UK undergoes a substantial fall. There have been some slight falls in price but mainly prices have kept quite steady. Unfortunately pressures on housing in UK cities are such that prices are unlikely to fall much further and may rise again soon.
Anyway, the fact that you managed to achieve what you did just sounds incredible to us. We plan to stick to our principles and would love to disprove all those who advise us to just follow those fatawa that allow one to take out a regular mortgage.