Complicated Mortgage Situation

KaesarSosei

Hi all,

We are Sale Agreed to buy a house but have some complications which I'm worried will affect our chances of getting a mortgage.

• We have a house rented out, getting £500 a month rent and paying £350 to the mortgage on it (£120,000). We lived here for 8 years previously.
• We've since been living in a mobile home for over 6 months both to save and for logistical reasons
• Target House is agreed at £250,000.
• We are looking for a second mortgage of £150,000 (we have savings of over £105,000 to make up the difference) = 60%
• Our affordability calculator comes out at £270,000 which on paper would cover both mortgages
• Zero other commitments or CC bills etc, good credit history
• The big complication is that because we were expecting a short stay in the caravan, we have just left our address as our old house which is now rented. Our mail is forwarded

Having checked the mortgage tables, it seems HSBC is the best. Are our circumstances OK for getting their best deal (2.29% lifetime)? Is there any advice to help our chances?

Thanks