Mortgage advice

tam2oo5

But what would happen in the scenario where people have kids where they only find out it is theres 2/3 months down the line. I was just curious as to how they would know, might sounds crazy lol Cheers

GMS

Definitely a wind up

kingstreet

I once had a client who wanted to keep the number of kids he had quiet on a mortgage application. I suggested there was an error in his actions which became apparent when we reached the child/working tax credits section of the application, income he needed taken into account.:wall:

tam2oo5

Now that guy musta definately bn at the wind up ahaha, So how much are they likely to deduct from your borrowing allowance if you have a kid? Reason im asking is my Partner is due and we are in the process in looking. I was wondernig if i would have been best to say no or would it open a can woopass on me later in life lol i guess i best be honest

kingstreet

Go and have a play on sites like Nationwide, Abbey and Halifax. They all have affordability calculators and allow you to input various numbers of kids so you can see the impact they have.

tam2oo5

Cheers Kingstreet ill have a little look at the sites.