NOW OPEN: the MSE Forum 'Ask An Expert' event. This time we'd like your questions on TRAVEL & HOLIDAY DEALS. Post by Wed and deals expert MSE Oli will answer as many as he can.
PLEASE READ BEFORE POSTING
Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Thank you for your understanding.Mortgage Criteria
msmyth18
Forumite 156 Posts
Hello,
I am after some advice! Myself and my partner are both first time buyers. We have a mortgage in principle with HSBC and a joint income of £37,250.
What is the likely hood of us gaining acceptance on a house worth approx £170,000 with a 10% deposit? The bit that worries me is that on a couple of occasions I have gone into my interest free overdraft because I transferred too much into savings!
We have enough for 15% at a massive stretch but the house in question is in need of modernisation(i.e central heating!)
I am after some advice! Myself and my partner are both first time buyers. We have a mortgage in principle with HSBC and a joint income of £37,250.
What is the likely hood of us gaining acceptance on a house worth approx £170,000 with a 10% deposit? The bit that worries me is that on a couple of occasions I have gone into my interest free overdraft because I transferred too much into savings!
We have enough for 15% at a massive stretch but the house in question is in need of modernisation(i.e central heating!)
0
This discussion has been closed.
Latest MSE News and Guides
Replies
Stick your details in here https://mortgages.hsbc.co.uk/