House Buying: Important Threads

swinkie34

I'm severely disabled and need to sell my home as its too big for me to handle 
  I shall be moving asap into temporary assisted living accomodation, but would like ring fence the money from the sale  of my existing propert to buy my own property again in the future, when my health allows.
   Will having the money in the bank cause me to loose my benefits please? 

Luna77

Hi All, Hopefully someone can tell me what can I expect to pay to sort this issue as shown above top left window? Thanks for your insights. This is a house I am thinking of buying. Much appreciated

hb2

This thread is here to highlight important links, not to answer questions. If anyone has questions, they should start a new thread of their own.

jennifermerkle

mayey87 said:

Hi! I am a nurse working in the NHS on a tier 2 visa, while my partner is a self employed gas engineer with a British passport. Our combined income is around £65-70k per year. My question is: is it possible for us to get a mortgage despite my visa status?

I have been working for the NHS (and in the UK) for 2.5 years. My current visa is valid until 2021, but I have a permanent contract with my employer, which means my visa will automatically be renewed once it expires. By 2023, I will be eligible for an indefinite leave to remain status, and by 2024 I can apply for british citizenship.

In terms of credit scores, mine is very good (better than his), and I have a bigger combined credit card limit (around £8k). I also have a more stable income than him, and as I have a permanent contract with the NHS, my job status is also more stable than his.

My partner is very impatient and wants to get this house ASAP as he has already saved up enough money for the deposit (looking to get a £250-300k house), while I also have enough savings for fees and renovation costs. I, on the other hand, is concerned about my visa status.

Thanks in advance for your replies!

Getting a mortgage doesnt rely too much on the visa status. Its more about your credit store. My husband and I both are on a visa. We got a home mortgage only in my husband's name.

davidortiz

This was really helpful. Thanks

johnmat

Thanks for this, really helpful.

bigbaddragon69

Hi all,
Were going through a broker to buy a property and sell ours. My question is can we settle all monies owed after the sale of our property and after the purchase of our new property.

Thanks

hazyjo

bigbaddragon69 said:

Hi all,
Were going through a broker to buy a property and sell ours. My question is can we settle all monies owed after the sale of our property and after the purchase of our new property.

Thanks

Please start a new thread. You've tagged on to the bottom of an information sticky.

hilalm84

need_an_answer said:

Whilst its not a thread as such I wonder if a link to current board guides to help merge duplicate threads may help us tidy the boards up a bit and prevent the same advice being repeatedly given.

If its ok as this is a sticky at the top


https://forums.moneysavingexpert.com/showgroups.php

really helpful

Nathan1610

Hi everyone,
My partner and I are currently in the process of selling our home. We have seen a house we love but I just have a few queries, if anyone can provide any help it would be greatly appreciated. Between us we earn 50K and the house is listed for around £140K. In selling our current house will leave us with around 25K for a deposit so the getting the mortgage shouldn't be an issue I wouldn't have thought as we both have good credit ratings. My question is, the house does need a lot of work and we would be looking to building a double extension if possible. Is this something we could add onto the mortgage, if not what would be the best loan for us to look at to get the work done. Probably looking at borrowing another 40k if possible.
Any help that can be given is greatly appreciated.
Thanks, Nathan