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Mortgage application advice

hopper13
Posts: 4 Newbie
This is my first post and I was hoping somebody could give me some advice - its quite a long post so I apologise.
Basicaly myself and my partner are hoping to buy our first house, we had a combined salary which means we can afford to buy a place for £140K however we wanted smaller re payments so found one for £103K which we fell in love with.
Unfortunatly I am employed in my job on a rolling contract which is reviewed every March, this is due to the type of role (I am a drugs worker) and the way they are funded, rather than anything to do with my employability. This however meant that Nationwide said no, so our MA said if we could get another person on the mortgage we could have a solution.
My dad very generously agreed to go on the mortgage as a kind of guarentor, however as he owns a number of properties between himself and my mum this also came back as a no, what the Nationwide said was that he took total risk for the three properties but only gets half the profit due to the way their mortgages work out.
So now the MA has put our application into the Halifax, apparantly they have said that we are an A but we have to have another survey to go through the process again, my concern and question really is; what are the chances of it actually working out; are we likely to get the mortgage. Also would there be any benefit if I waited to apply until I get the renewal on my contract so that I have 1 year on it not just 6 months.
We really love the house and want to start moving our life forward together so I'm really worried about this, any help would be massively appreciated.
Thanks in advance
Basicaly myself and my partner are hoping to buy our first house, we had a combined salary which means we can afford to buy a place for £140K however we wanted smaller re payments so found one for £103K which we fell in love with.
Unfortunatly I am employed in my job on a rolling contract which is reviewed every March, this is due to the type of role (I am a drugs worker) and the way they are funded, rather than anything to do with my employability. This however meant that Nationwide said no, so our MA said if we could get another person on the mortgage we could have a solution.
My dad very generously agreed to go on the mortgage as a kind of guarentor, however as he owns a number of properties between himself and my mum this also came back as a no, what the Nationwide said was that he took total risk for the three properties but only gets half the profit due to the way their mortgages work out.
So now the MA has put our application into the Halifax, apparantly they have said that we are an A but we have to have another survey to go through the process again, my concern and question really is; what are the chances of it actually working out; are we likely to get the mortgage. Also would there be any benefit if I waited to apply until I get the renewal on my contract so that I have 1 year on it not just 6 months.
We really love the house and want to start moving our life forward together so I'm really worried about this, any help would be massively appreciated.

Thanks in advance
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