non status mortgage advice please

bristol_ian

Financial nouse is not my strong suit.

Recently divorced. House sold, equity split. Self employed and making small loss last two years so accounts don't look great.

Looking to buy new house and have considerably more than 50% deposit. Mortgage will be a couple of hundred a month less than currently spending on rent.

Where would be best for a non status 15 year mortgage on about £50k.

Cheers
Ian

ethank

I don't believe you can get mortgages for residential use without affordability being considered.

Thrugelmir

bristol_ian wrote: »

Self employed and making small loss last two years so accounts don't look great.

On that basis you are currently eating into your savings to survive. A 25 year mortgage commitment wouldn't be in the lenders interests to consider offering.

kingstreet

bristol_ian wrote: »

Where would be best for a non status 15 year mortgage on about £50k

About 2006.

No such products exist now.