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80% mortgage with only 1 sa302

Phil_rich
Phil_rich Posts: 270 Forumite
in Mortgages & endowments
Hi All.


Looking for a mortgage bases on about 4.5x income on an 80% LTV but I only have 1 years SA302. Is this possible? if so who should I go to?


Thanks
Phil
--- Fat club weight loss -- Started 10th April 2015
Update: 28.4.15 - 8lbs

Comments

  • ACG
    ACG Posts: 24,896 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    1 years accounts at any LTV is really going to need a broker.
    1 years and 4.5x income is definitely going to need to a broker.

    I would just save time and go straight to one as it will depend a lot on the rest of your income and expenditure, age among other things.
    I am a Mortgage Adviser
    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.
  • Mortgage_Mark_2
    Mortgage_Mark_2 Posts: 857 Forumite
    Is it possible? Yes.

    Is it possible direct? Probably not, to be honest.
    I am a mortgage adviser.
    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.
  • csgohan4
    csgohan4 Posts: 10,602 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You will probably need your company accounts as well to show. But definitely recommend a broker, but don't expect the best deals from mortgage best buys tables as your self employed.
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
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