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Angelandrea
Posts: 45 Forumite
So looks like this mortgage wont go through now based on not being bleto get 3 motnhs wage slips !
So just wondered if any one had any ideas on our next steps
i was thinking about either of the following.
1. 95% mortgage in Joint Names as my defaults have been "satisfied" now, but where do we get the 5% deposit from if we still want this house we have had our offer accepted on ( a loan maybe )
2. 105% some where in joint names - will any one look at me on mortgage as i can provide last three months wage slips etc
So just wondered if any one had any ideas on our next steps
i was thinking about either of the following.
1. 95% mortgage in Joint Names as my defaults have been "satisfied" now, but where do we get the 5% deposit from if we still want this house we have had our offer accepted on ( a loan maybe )
2. 105% some where in joint names - will any one look at me on mortgage as i can provide last three months wage slips etc
0
Comments
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What has your adviser said?I am a Mortgage Adviser
You 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 -
These are really questions for your broker but you need to think a bit more about the process and how to structure this properly Have you thought of a gifted deposit or other form of creative financeI like to give people as many choices as possible to do what I want them to. (Milton H Erickson I think)0
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Well when i call them they are always busy !!
The state agents are asking when we are getting the house surveyed now so i think we will haveto pull out untill this is sorted as i dontwant to mess people around
I will possibly look for new advisor now
Also could also look for a small deposit of £2k or something, think its time to get mortgage in place first then hunt for the ideal property x0 -
You need 5% really but why not go for a new build with a builders deposit or learn how to structure a vendors deposit or even perhaps a cashbackI like to give people as many choices as possible to do what I want them to. (Milton H Erickson I think)0
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i wish my adivsors would give me this info !
Do you charge fees as a broker ??0 -
Have you spoken to an advisor?0
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