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Broker...............
Comments
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Things like childcare costs, student loan payments, grounds rent & service charges will all be factored-in in future, where they may have been ignored previously.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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I found my broker through recommendation, turns out he was EA based but he's been wonderful - always responded quickly, kept me in the loop so I never had to chase and got us a great deal on a mortgage.
We've paid for him but it was worth every penny - my OH wanted to plough straight in and go for a Barclays mortgage but after finding out their terms it's likely we'd have been declined a few times before getting a broker anyway...0 -
Did you get a deal you wouldn't have got if you'd gone directly to the mortgage lender?0
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Isn't that always the risk with any limited term deal? What happens when the relatively short term compared to the mortgage term ends??0
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kingstreet wrote: »Things like childcare costs, student loan payments, grounds rent & service charges will all be factored-in in future, where they may have been ignored previously.
None of these things are applicable to us.
Will we still be ok borrowing a max of 3.5 (actually 3.2 after ten percent deposit) times salary?
We had a mortgage approve for less but because of a bad survey we have to walk away. We are changing location for our search but it's more expensive and next application will only be in the next 3-6 months when we find a house.If you dont know where you are going... Any road will take you there :rotfl:0 -
I'm talking about your future ability to remortgage, not your current circumstances. You need to be aware that a change between now and then may impact your future ability to remortgage if your current lender offers you no customer retention options.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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I understood that and non of the above would be applicable to us in the future either.If you dont know where you are going... Any road will take you there :rotfl:0
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They were intended as examples, not an exhaustive list.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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