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New jobs and self cert mortgages
toypebbles
Posts: 1 Newbie
My husband and I are currently looking to buy a a house, the problem is that he has been in his job for only 7 months he earns 27k and the house we want is 180k we are going to put in a lower offer though. I could also include my income but I am self employed (since april) and have earnt around 12k since april. have we got any hope of getting a mortgage?
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Comments
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If you don't have accounts you will struggle to have your income taken into account when the banks are determining how much you can borrow so you would need a hefty deposit to buy a 180k house on 27k a year - 40% at least.0
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toypebbles wrote: »My husband and I are currently looking to buy a a house, the problem is that he has been in his job for only 7 months he earns 27k and the house we want is 180k we are going to put in a lower offer though. I could also include my income but I am self employed (since april) and have earnt around 12k since april. have we got any hope of getting a mortgage?
How much deposit have you got? Also is the 12k net profit?0 -
Do you have any other debts?
Do you have a good cedit history?I am a Mortgage AdviserYou 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.0
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