wftc remortgage

andy_notts

hello all my fixed rate deal as come to an end and im looking for a better option

buti need to know which lenders accept family tax credits as an income aswell like halifax did


thanks

MortgageMamma

allaince and leicester, halifax and accord do

regularsaver1

andy-notts have you tried your present lender, if its halifax they now offer the same range to existing customers as they do for remortgage customers - wouldn't need to prove income then

Snippy30

Mamma,

Are alliance and leicester any good at the moment? I need a mortgage with WFTC added as income, do they add all of it, even the childcare bit?

MortgageMamma

Snippy30 wrote:

Mamma,

Are alliance and leicester any good at the moment? I need a mortgage with WFTC added as income, do they add all of it, even the childcare bit?

Yes they add all of it on, the annual amount. Alliance and Leciester are not overly competitve at the moment and their service can be a bit iffy. I'm speaking from a brokers point of view as broker applications are handled seperately from those that are sent direct through a branch.

If I had to choose I would go for Halifax, but accord have some good products at the moment too http://www.accordmortgages.com

andy_notts

well halifax are offering me 5.65% fixed for 2 years

everywhere else seems to be from 4.74 up to around 5.50

MortgageMamma

andy_notts wrote:

well halifax are offering me 5.65% fixed for 2 years

everywhere else seems to be from 4.74 up to around 5.50

its not just the rates that need comparison, its the fee's involved and your mortgage balance at the end of the fixed rate period which needs considering. Have you instructed a whole of market broker to make these comparisons for you?

MM