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High Income Multiples
Comments
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It is possible but will not be easy.
Lot of legwork prior to application submission but of course it all depends on the exact details of his case.
Hope this helps
Andy0 -
AndrewSmith wrote:It is possible but will not be easy.
Lot of legwork prior to application submission but of course it all depends on the exact details of his case.
Hope this helps
Andy
Thanks.
Just one last thing, will the fact that he has had CIS and Chealsea dicline hime have any bearing!!Debt at highest (November 2005) = £35,856
Debt currently (August 2006) = £20,790
&More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700
Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
2nd Interim Goal = £15,000, Target October 2006
Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!!
0 -
Possibly, but I doubt it will have too much a dramatic effect to be honest.
Cheers
Andy0 -
AndrewSmith wrote:Possibly, but I doubt it will have too much a dramatic effect to be honest.
Cheers
Andy
Thanks Andy.Debt at highest (November 2005) = £35,856
Debt currently (August 2006) = £20,790
&More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700
Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
2nd Interim Goal = £15,000, Target October 2006
Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!!0 -
One last last thing...what sort of rates would he be looking at?Debt at highest (November 2005) = £35,856
Debt currently (August 2006) = £20,790
&More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700
Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
2nd Interim Goal = £15,000, Target October 2006
Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!!0 -
not really possible to say without interviewing him and sourcing mortgage. A lot depends on his credit rating as well. And what kind of mortgag product he was looking for etc etcI am a Mortgage Adviser
You 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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