[Annete]

This loop hole has been arround many years, i must worn you are committing a crime by lying to the bank, iam not advising any one to follow this example, if you do its at your own risk.

first of all, if you live in uk, you must have seen lots of paper ads about new built discounted property's, 5%, 10%,15% etc.

basically you use the discount as your deposit for the property, solicitor fee, survey fee, etc.

let me give you example how it works,

property is advertised at 100k, and its discounted at 10%, you pay only 90k, you use the 5% as as deposit 1% as stamp duty, 1k as solicitors fee, couple of hundred for search and other you still left with some spare cash,
so basically you are getting a free house and some money in your pocket,

thanks guys