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  • FIRST POST
    • royle86
    • By royle86 7th Feb 18, 9:02 PM
    • 2Posts
    • 0Thanks
    royle86
    Which mortgage lender should I go to???
    • #1
    • 7th Feb 18, 9:02 PM
    Which mortgage lender should I go to??? 7th Feb 18 at 9:02 PM
    Good evening all,

    I am looking at moving house and buying somewhere more expensive. By doing this our loan to value will increase just that bit too far for most lenders and therefore we are not likely to get the home value we would like.

    Can anyone suggest the best mortgage lender to go to in order to obtain this?

    Thanks in advance
Page 1
    • ACG
    • By ACG 7th Feb 18, 9:22 PM
    • 16,316 Posts
    • 8,425 Thanks
    ACG
    • #2
    • 7th Feb 18, 9:22 PM
    • #2
    • 7th Feb 18, 9:22 PM
    What will the loan to value be?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
    • Thrugelmir
    • By Thrugelmir 7th Feb 18, 9:24 PM
    • 57,408 Posts
    • 50,702 Thanks
    Thrugelmir
    • #3
    • 7th Feb 18, 9:24 PM
    • #3
    • 7th Feb 18, 9:24 PM
    Consult a local broker as the finer details of your application need to be considered. Before any recommendation can be made.

    Alternatively do the leg work yourself. Try all the online calculators to determine which lenders may play ball to narrow down the field. Then take it forward from there.
    Financial disasters happen when the last person who can remember what went wrong last time has left the building.
    • royle86
    • By royle86 7th Feb 18, 9:29 PM
    • 2 Posts
    • 0 Thanks
    royle86
    • #4
    • 7th Feb 18, 9:29 PM
    • #4
    • 7th Feb 18, 9:29 PM
    Around 70% house price at 650k and deposit going in of 200k
    • ACG
    • By ACG 7th Feb 18, 9:56 PM
    • 16,316 Posts
    • 8,425 Thanks
    ACG
    • #5
    • 7th Feb 18, 9:56 PM
    • #5
    • 7th Feb 18, 9:56 PM
    I dont understand, every lender will lend at 70% LTV, why would that be a problem?

    Do you mean affordability is the issue?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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