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1st Time Buyer Help
Beavercud
Posts: 5 Forumite
Guys,
I was wondering if you could help me and answer a few of my questions.
I am hoping to purchase my first house soon and there is a few things Im not to sure about. I work offshore and get paid a salary, I also get paid per day that Iam offshore. Do lenders take into consideration the day rate as this accounts for double my salary?
At present, my savings (work shares) sit almost 9K and hoping to be able to put in another 2-3k by summer, that is it for my deposit so looking at 95% LTV. Can you recommend any good 1st time buyer mortgages with only a 5% deposit?
I was wondering if you could help me and answer a few of my questions.
I am hoping to purchase my first house soon and there is a few things Im not to sure about. I work offshore and get paid a salary, I also get paid per day that Iam offshore. Do lenders take into consideration the day rate as this accounts for double my salary?
At present, my savings (work shares) sit almost 9K and hoping to be able to put in another 2-3k by summer, that is it for my deposit so looking at 95% LTV. Can you recommend any good 1st time buyer mortgages with only a 5% deposit?
0
Comments
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How can you have two different salaries for the same job?"You were only supposed to blow the bl**dy doors off!!"0
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Its a day rate. For every day I am away offshore i get paid extra.
The amounts of days i work can vary. normally averaging 170 days a year. So I get my salary, which is paid in every month and on top of that, any day rate for days I've been away with work.
My question was do lenders take that into consideration as this may vary.0
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