Can we get a FTB deal?

Tingtong_2

I currently have a mortgage for my flat but my fiance has only ever rented. Therefore she is a FTB but I am not.

We are now looking to buy a house together (joint application) and I was wondering if anyone knows if any banks/building societies would consider us as FTBers because she has never had a mortgage?

I guess it's unlikely but since we need to get a 90% deal any small saving would be a great help!

Thanks in advance.

Cannon_Fodder

If you "port" the mortgage from the flat to the new place, and ask your lender to turn it into joint, they might treat that as a fairly straightforward "paperwork" change. But this will vary by lender. They'll probably do a credit check on her, so make sure her credit is squeeky clean beforehand.

Worth asking. Especially if you have a decent deal that you want to continue.

Possibly not so straightforward if extra funds are necessary, and it turns into a whole re-mortgage, but still worth asking, I would have thought.

I wonder if asking for the flat mortgage to be turned into "joint", in advance of any move, might simplify it without appearing to cut a corner...?

Perhaps one of the Brokers will come along soon to give their insight...