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what are our chances
hells_bells
Posts: 88 Forumite
Hi everyone, okay here are the facts.
We are looking to buy a property for £120,000 (1 bed flat/maisonette in the south east) we have a £60,000 deposit. I earn £6500 PA and my husband earns £20000 basic but overtime takes it up to £23000.
I have a credit card of £424 and overdraft of £600. Husband has credit card of £1500. Not missed any min payments for years and years. I got turned down for a credit card a year ago whilst I was trying to balance transfer but then did get accepted for another credit card.
What are our chances?
We are looking to buy a property for £120,000 (1 bed flat/maisonette in the south east) we have a £60,000 deposit. I earn £6500 PA and my husband earns £20000 basic but overtime takes it up to £23000.
I have a credit card of £424 and overdraft of £600. Husband has credit card of £1500. Not missed any min payments for years and years. I got turned down for a credit card a year ago whilst I was trying to balance transfer but then did get accepted for another credit card.
What are our chances?
0
Comments
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Roughly 83%0
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that's very exact
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Run your details through different lenders' affordability calculators and see the outputs and if they are sufficient.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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