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First time buy help
Comments
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On_Stanley_on wrote: »Can I do anything to increase what I can afford? I am paying more in rent than I would be paying on a mortgage for £150k! So it seems a little silly.
Similar situation, bank said I wouldn't be able to afford mortgage. Including all bills I worked it out to be £25-£50 more than my renting costs... Banks are hilarious these days...0 -
What research into the market did you do on this issue? There isn't a common formula used by all lenders and some are more generous than others.ladyabouttown wrote: »Similar situation, bank said I wouldn't be able to afford mortgage. Including all bills I worked it out to be £25-£50 more than my renting costs... Banks are hilarious these days...I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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