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Alternative mortgage product advice

Swizzle1066
Swizzle1066 Posts: 20 Forumite
in Mortgages & endowments
Hi all,

I've put down a deposit on a new build, with the developer paying stamp duty so I need to use their broker.

I had intended getting the Nationwide 3.74% fixed for 4 years deal, but apparently the broker can't sell that one - can anyone suggest any similar products?

I'm looking to borrow 85% on a purchase price of £300k, with the only complication being i'm 4 months into my 6 months probation of my new job.

Any advice appreciated
Thanks.

Comments

  • ACG
    ACG Posts: 24,881 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Why have you got to use their 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.
  • Swizzle1066
    Swizzle1066 Posts: 20 Forumite
    I was told as they are offering the financial incentive of stamp duty paid and carpets included then I had to get a mortgage via their broker - its Barratts.
  • ACG
    ACG Posts: 24,881 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Surely its your advisors job to come back to you with what theyre recommending? You shouldnt have to do the research.
    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.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Nationwide only advance to 85% on a new build. Adding back the incentives you'll break their criteria.
This discussion has been closed.
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