mortgage help required please

markeymark

My girlfriend is wanting to get a mortgage soon, she is looking to borrow 65,000 for a property valued at around 90,000.

Her gross income is 11,750 per annum

She also gets various tax credits

She is looking for a lender who would offer 100%

Is there anyone around who could help her?

AndrewSmith

markeymark wrote: »

My girlfriend is wanting to get a mortgage soon, she is looking to borrow 65,000 for a property valued at around 90,000.

How much is she actually buying the property for if it is valued at £90,000?

Her gross income is 11,750 per annum

She also gets various tax credits

Is she Employed or Self employed, full or part time? What does she do for a living and how long has she been in current employment?

Can you give the types of tax credit, and how much she actually gets?

She is looking for a lender who would offer 100%

Please clarify the actualy purchase price as above

Is there anyone around who could help her

Depends on the replies to the above. Based on just her employed salary then it is unlikely that she will get £65,000.

markeymark

thanks for a prompt reply:

she is buying it for 65,000

She is employed, she works for a travel agents,she has been in current employment for 7 years

she gets working tax credit and child tax credit of 335 per month

hope this helps

MortgageMamma

Whats your girlfriends credit status like? does she have any adverse credit?

Does your girlfriend have any debts or financial commitments such as loans, credit cards, catalogues, HP, car finance etc? If so could you detail them

markeymark

her credit score was 40% higher than rest of the uk, she says about 800 out of 1000

she only has a loan of 3500 with a payment of 85 per month for 5 years

MortgageMamma

The ok, this is JUST about doable, but there are only a handful of lenders who would look at it would recommend your g/f takes professional advice