Mortgage advice 15 or 25% ??

dannyboyleeds

Hi

Ive currently been accepted on a propery im after

the price is 267500,

my current finance situation is

im self employed

207-2008 51k profit

my parters employed on 20k salary

my debts

bank loan 7000 150 a month
car loan 5800 175 a month
boiler on buy now pay december 3000


partners debt
18000 car 5 years at 370


now my mortgage advisor has told me that with 25% deposit i will sail through as its alot less risk, id ideallly like to put 15- 20% down and have some money spare to do the house up , how much will it affect me the 5-10% loss on deposit with my situation

i also have my own house which im swithing to a intrest only buy to let,

my advisor has told me i will get a really poor rate at 15% and it will be alot harder to get a mortgage on that deposit, is he telling me right or do i go for 15 % , is 20% better or is it 25% to be in the "safe" threshold?

thanks guys:j

illuminate

dannyboyleeds wrote: »

Hi

boiler on buy now pay december 3000

Hell that's a deal and a half.. Where can I get similar ?