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Will I be able to get a mortgage?
Rupa
Posts: 112 Forumite
Hi, I am after some advice please. I am thinking of doing nurse training, hopefully qualifying in December 2010 (when I will be 40). At the moment nurses start on £19,166 but obviously (hopefully!) it will go up a bit by the time I qualify. I have two children and live in a housing association house.
So my question is, will I be able to get a mortgage? I would be happy with a two bed and am assuming that I would only be able to look at shared ownerships, if at all. I would probably not be able to have a significant deposit - maybe £5000 or so. Will I be able to leave my HA house or not???
So my question is, will I be able to get a mortgage? I would be happy with a two bed and am assuming that I would only be able to look at shared ownerships, if at all. I would probably not be able to have a significant deposit - maybe £5000 or so. Will I be able to leave my HA house or not???
Most men lead lives of quiet desperation and go to the grave with the song still in them.
Henry David Thoreau.
Henry David Thoreau.
0
Comments
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Don't see the point anymore in offering advice to people who only want to be agreed with...0 -
It depends on the type of training you do. Dont know if you have to be fully qualified before the shared ownership would be a possibility for you.
You may want to post on the mortgage board to get that question answered.0 -
Thanks for the replies. I would be fully qualified by 2011 (not 2010), and the sort of prices for a decent place are about £120,000. Surely that would be well out of my price range? Which is why I was thinking shared ownership would be the way to go. Would my age go against me? First time buyer at 41? Is it do-able do you think?Most men lead lives of quiet desperation and go to the grave with the song still in them.
Henry David Thoreau.0
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