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Can I get a mortgage on Low Income
katey1
Posts: 1 Newbie
I am a single mother, 3 children, work part time. I desperately want to know if this is possible, or if the government have put into place any grants/schemes which I may qualify for and also are there any reputable mortgage lenders out there will to give someone like me a mortgage ? Katey
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Comments
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Do you have a deposit? I am not aware that being a single mum with kids makes you entitled to a mortgage/help getting one. Otherwise everybody would be having kids!!
You could maybe try CAB, or have a look online0 -
Are you on the council waiting list for a place?0
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I am a single mother, 3 children, work part time. I desperately want to know if this is possible, or if the government have put into place any grants/schemes which I may qualify for and also are there any reputable mortgage lenders out there will to give someone like me a mortgage ? Katey
As long as within realms of affordability mortgage companies don't care about your personal life nor the numbers of hours worked.
At the moment they'd liek you to have 20-25% deposit and will lend between around 2.5 and 3 times your income - so you might not be lent a large mortgage but most reputable companies will consider you for an appropriately sized one...0
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