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First time Mortgage
poorrich
Posts: 12 Forumite
Guys and Gals
Endeavouring to put my mind at ease. Putting in a mortgage app with Natwest.
Property: 160k
Deposit: 16,500
LTV: 89.6%
90% product, 2yr fixed 5.59% £895pm
App1: Gross £29000 App2: Gross £24000
Monthy net: £3000
No outstanding credit, no loans, excellent credit history. Government employees for last 2 years. Rented accommodation for 2 years.
People have told me the mortgage game is a bit of a dice roll at the moment. Any thoughts would be appreciated.
Rich :cool:
Should I have anything to worry about?
Endeavouring to put my mind at ease. Putting in a mortgage app with Natwest.
Property: 160k
Deposit: 16,500
LTV: 89.6%
90% product, 2yr fixed 5.59% £895pm
App1: Gross £29000 App2: Gross £24000
Monthy net: £3000
No outstanding credit, no loans, excellent credit history. Government employees for last 2 years. Rented accommodation for 2 years.
People have told me the mortgage game is a bit of a dice roll at the moment. Any thoughts would be appreciated.
Rich :cool:
Should I have anything to worry about?
0
Comments
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Should be fine. Can't see any obvious problems, other than all lenders being a bit picky and you wanting a high loan to value.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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Looks good on paper.
With the high LTV the rate also reflects this so should not pose any real problems apart from lenders being very picky and weary at the moment!0 -
Thanks guys, I'll keep my fingers crossed!0
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