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Can you help me run some numbers?
nitsydes
Posts: 14 Forumite
Below are my numbers for the mortgage acceptance and some special circumstances, people with knowledge could you help me understand if I have a chance at all in getting a mortgage:
House Price - £201,500 (offer accepted, have got a DIP for £170k from Nationwide which is 2 months old, got it using a broker before the changes I think)
Deposit - £30,225 (15%)
Income A - £35000 + £6000 car allowance (£41000) (4 months into a new job, 6 month probation, position seems very secure)
Income B - £16000 (very early into 6 month contract still waiting for first payslip, position seems secure but early days yet, usually made into permanent after the 1st contract)
Monthly Income Total - £3,700
Monthly Expenditure Total - £2,130 (approximated might have gone high on certain items, can provide detailed if necessary) approx £850 mortgage included)
What am asking is with the current changes in regulation, what are our chances? I am not aware of what impact the new regulations have had.
Could you help with any advice in terms of achieving a mortgage? Also if anybody knows a good broker in Leicestershire that'd be helpful too. I had a chat with L&C, the agent sounded nervous on his return call about our , hence this post.
Thanks for your help
House Price - £201,500 (offer accepted, have got a DIP for £170k from Nationwide which is 2 months old, got it using a broker before the changes I think)
Deposit - £30,225 (15%)
Income A - £35000 + £6000 car allowance (£41000) (4 months into a new job, 6 month probation, position seems very secure)
Income B - £16000 (very early into 6 month contract still waiting for first payslip, position seems secure but early days yet, usually made into permanent after the 1st contract)
Monthly Income Total - £3,700
Monthly Expenditure Total - £2,130 (approximated might have gone high on certain items, can provide detailed if necessary) approx £850 mortgage included)
What am asking is with the current changes in regulation, what are our chances? I am not aware of what impact the new regulations have had.
Could you help with any advice in terms of achieving a mortgage? Also if anybody knows a good broker in Leicestershire that'd be helpful too. I had a chat with L&C, the agent sounded nervous on his return call about our , hence this post.
Thanks for your help
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