how to apply for 40K loan

Herzlos

You're still looking at pretty low risk (and low LTV) loans, so I'd speak to an independent advisor.

You may want to try borrowing just enough to get the property and taking a bit longer to do it up. If it's just dirty but functional then you should be ok to take your time after you've got it cleaned up.

If you're not getting a 40K mortage you probably won't get a 40K loan either, as the loan could only be secured against the current valuation of the property. You're also borrowing a lot relative to your declared income (double your combined salaries)

cajef

tiggy748 wrote: »

We need 40K.

Both self employed - accounts show 20K income, approx 9-10k each, but this years accounts are showing 40k income.

Which is it?

tiggy748 wrote: »

Ive been unemployed for about 4 months now - with my last interview attracting nearly 700 applicants he needs to stop thinking he will get a job next week and get rid of the car!

ma1brw

Yeah - if I were you I'd speak to an independent broker who'll be able to fix you up with few options. We had some little niggly problems (Can you believe a -£25 on a paid for international account basically black listed me from credit) - it was ridiculous.