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I need a mortgage.

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Comments

  • Melissa177
    Melissa177 Posts: 1,727 Forumite
    I would start a new thread if I were you! I am sure some other mortgage brokers will be able to help (I have heard Kensington & Accord mentioned quite a bit on here)
    Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson
  • You're planning to borrow £150K on an income of £25K pa ? What happens when the discount mortgage or fixed rate mortgage re-sets to SVR (currently 7.25%) ? Why not stress test your finances by renting a place that costs the same amount as the £150K mortgage (you won't get a very good mortgage deal with £4K saved up, you need about £15,000) at 6% you'd be paying £900 pcm - how much will you have left every month after bills ?
  • Melissa177
    Melissa177 Posts: 1,727 Forumite
    Hi Bookworm, any update on how house sale?
    Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson
  • I hope she's decided not to proceed (at least with a £150K mortgage)
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