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How many years books are needed for mortgage?
Tommygun2000
Posts: 35 Forumite
To get a mortgage based on your earnings, how many years books are needed?
I have had a good year this year but last year and before that were not so good.
Will they lend on my recent books?
I have had a good year this year but last year and before that were not so good.
Will they lend on my recent books?
Life is under no obligation to give us what we expect.
0
Comments
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Depends upon lender and loan to value.
Some will average the last 3, some will take the most recent one.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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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Engage a broker to do this for you, or call up a few banks and ask...
They will tell you their criteria, just remember they only have one set of criteria...
Best of luckI am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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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