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fostering & mortgages?

Having been to halifax today just to inquire about what they could offer as a mortage, i was surprized to hear that they could infact offer me nothing? Even though we earn a regular income and have permenant placements and proof of all earnings we were still turnned away! I understand that alot of what we earn is seen as 'allowances' but no one wants to touch us. Having come away from halifax deflated we seeked advice from a local independent finacial advisor who dismissed us straight away! Has anyone else had such a problem? Can anyone lead me to the answers? Andie

Comments

  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    did you not post this exact same message the other day? there are lenders who will look at this but you would be best to use a broker.
    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.
  • AndrewSmith
    AndrewSmith Posts: 2,871 Forumite
    I placed one of these a while ago with Northern Rock.

    It does depend on the case as a whole though ie deposit size, credit history, other earned income etc.
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