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what are my options?
John221
Posts: 8 Forumite
Hi all,
Im currently on £20000 a year salary and i am looking to get a mortgage for around 115000-125000.
What realisticly are my options (if i have any).
I am looking to do it without any deposit.
My girlfriend is currently a client of cccs paying off her debts, would this affect us if we went for a joint mortgage.
Im currently on £20000 a year salary and i am looking to get a mortgage for around 115000-125000.
What realisticly are my options (if i have any).
I am looking to do it without any deposit.
My girlfriend is currently a client of cccs paying off her debts, would this affect us if we went for a joint mortgage.
0
Comments
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Hi
Yes your girlfriends credit status would affect the mortgage product you would get but there are lenders who would do it
secondly, on 20k a year you would be lucky to achieve 100k, particularly without deposit, involving girlfriend may be the only optionI 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 -
On £20k you are not likely to get that high
With your gf, it will help, but remember 100% mortgage have pretty tight underwriting so even with her income you may struggle to get a 100% mortgage
Best bet is to get a fee free whole of market adviser to help outI am a Mortgage AdviserYou 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 -
You can try friends or family, if they have had any experience - recommendations are always good
Yellow pages can help alsoI am a Mortgage AdviserYou 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
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