Mortgage advice

fleenio

Hi there,

Im looking for some general advice regarding mortgages. (I do apologise if I sound a bit blonde lol).

My boyfriend and I are thinking of getting a mortgage together, although we have a few issues…..

1) I have quite a large deposit ~80k and he has none
2) He was made redundant in sep but now has temp work

My questions are….

We wouldn’t be able to get a mortgage together if he does not have a permanent job?
We are looking at a mortgage, max 150k, we currently pay £400/moth rent, do you think I would be able to get a mortgage on my own?

I have 45k savings in an egg 3.25% account - I dont know whether i should just keep continuing to save and wait until i have more saved and my b/f hopefully a permanent job.

Senior_Paper_Monitor

What is your gross guaranteed annual income - what other income do you have (tax credits, child allowance, overtime etc) ?

Just for clarity - why 45K in deposit account but 85K deposit ?

fleenio

Senior_Paper_Monitor wrote: »

What is your gross guaranteed annual income - what other income do you have (tax credits, child allowance, overtime etc) ?

Just for clarity - why 45K in deposit account but 85K deposit ?

I earn 17k per annum - very rarely do OT. Outgoing is mainly rent £400/month. no tax creds, child allowance, etc.

I have the 80k, in various accounts but have 45k in egg as its paying the most interest for a savings account. Dont want over 50k in any one account for obvious reasons.