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About to find out mortgage company will not offer me as much as I was advised
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icklejulez
Posts: 1,209 Forumite
Through another internet website I have been using a Indipendant mortgage broker who waved her usual fee's. She assured me I had enough Income to get a mortgage I needed of 100,600k however last week they told her they will not take CTC into consideration and my employer faxed them a copy of my salary but marked my bonus(guaranteed as I have set shifts because of young children) as seperate. I fear that my earnings are now 4k less than before and dont like my chances of getting this mortgage. Anyone any advice as my mortgage broker just seems to be telling me to continue with the application however the vendor whose house we are buying is not prepared to wait for us.
My hubbs earnining basic 17910 bonus 1500
My earnings 7810 bonus 1000
CTC 884
CB 1547
Deposit of 31,400
I have a default on my acocunt which is due to be paid off and satisfied this week.
My hubby has a loan for 12k and a cc of 5k(1k due to be paid of when we sell the house).
Any idea's where we stand and what we can hope for, our advisor reccomended chelsea @ 6.09%(due to default).
:beer: :beer: :beer: :beer: :beer:
My hubbs earnining basic 17910 bonus 1500
My earnings 7810 bonus 1000
CTC 884
CB 1547
Deposit of 31,400
I have a default on my acocunt which is due to be paid off and satisfied this week.
My hubby has a loan for 12k and a cc of 5k(1k due to be paid of when we sell the house).
Any idea's where we stand and what we can hope for, our advisor reccomended chelsea @ 6.09%(due to default).
:beer: :beer: :beer: :beer: :beer:
Saving needed to emigrate to Oz
*September 2015*
£11,860.00 needed = £1,106 in savings
£11,860.00 needed = £1,106 in savings
0
Comments
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What is the purchase price?I am a Mortgage AdviserYou 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.0
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132,000k and we are puttinh down a 31,400k deposit.Saving needed to emigrate to Oz*September 2015*
£11,860.00 needed = £1,106 in savings
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On my signture the next and masterard have now been cleared and rockwell will be paid off this afternoon and Im asking for a letter of satisfaction(this being my default). Money currently in account.Saving needed to emigrate to Oz*September 2015*
£11,860.00 needed = £1,106 in savings
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Yes I waas right Im at 98k, 2.6k short. How do I find 2.6k in a week??? I've already paid nearly 2k off debts this month. ANd Ive got fees to pay for next month, my dd's 3rd birthday and xmas!!! Its so hard!Saving needed to emigrate to Oz*September 2015*
£11,860.00 needed = £1,106 in savings
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Have a word with the broker. They may be able to get the lender to budge. After all, 2.6k isnt exactly a lot of money in the scheme of things. Especially against loan to value.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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She's been trying, they budged from 95k to 98k! Just wondered if there may be some other alternative for me!Saving needed to emigrate to Oz*September 2015*
£11,860.00 needed = £1,106 in savings
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birmingham midshires offered me and OH 180k for a mortgage we have to self cert due to commission and bonuses
(oh we're not taking 180k we literally cannot afford it)
Try them?Isn't the knowledge that comes from experience more valuable than the knowledge that doesn't?0
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