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FTB Mortgage advice
Options
celtic4ever
Posts: 1 Newbie
Hi,
Looking to move back to the UK in the summer and will be looking for a FTB mortgage. Only have a 10,000 deposit and looking for around 160,000 mortgage.
I will also be receiving a 60,000 payment next year which I want to use against the mortgage.
Any help or ideas on the best way forward?
Many thanks
Looking to move back to the UK in the summer and will be looking for a FTB mortgage. Only have a 10,000 deposit and looking for around 160,000 mortgage.
I will also be receiving a 60,000 payment next year which I want to use against the mortgage.
Any help or ideas on the best way forward?
Many thanks
0
Comments
-
Have you maintained a UK credit history?
£10k on £160k will limit choices a lot(possibly down to none)
What salary will you be on, is it a new employer?
One option is to wait till the £60k is available this will give a lot more options if the salary stacks up.0 -
Rent until you get the £60k through.
Then review the situation.0 -
wait until you get the 60k. No mortgages available for such a small deposit.Debt Is Slavery.0
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