Your opinion please... Mortgage chances

Pancakesss

Sorry just double checked, the Yorkshire Water late payment is on Experian, not Equifax.

Dird

Pancakesss wrote: »

£4k for mortgage fees, stamp duty, legal fees, surveys and maybe a paid broker.
£5k left to start from scratch ie white goods, kitchen utensils, sofa, x3 beds + mattresses, x3 wardrobes, dining tv, lawnmower etc etc..

Yeah I completely forgot about stamp duty (I'm just under the threshold).
I also figured you'd have beds/wardrobes already, you have children? If not then are the 3 beds needed? My 3rd room is going to be a table tennis room :j

Other than bed + mattress everything else I bought was used so different budget requirements

GoldenShadow

Pancakesss wrote: »

Hi Dird, I've estimated approx £4k for mortgage fees, stamp duty, legal fees, surveys and maybe a paid broker. £7k left, part will be to refit all the carpets in the 3 bedroom house as it really needs to be changed. I presume this will cost about £2k? £5k left to start from scratch ie white goods, kitchen utensils, sofa, x3 beds + mattresses, x3 wardrobes, dining tv, lawnmower etc etc.. i thought was a reasonable figure? I'm just trying to use a worst case scenario as i really dont want to be using credit cards for anything.

My OH and I have offered on a 3 bed house and going through mortgage app etc now. We have a dining table and sideboard gifted from family. Aside from that we will take a TV stand, a mattress, two TVs and just our clothes. We basically have a budget of 0 at the moment, we will buy things as we go. Things like washer dryer we still stump up for early on ish. Probably DFS a sofa on credit so no massive outlay on that. Certainly don't expect to spend a few K. I did think like you originally but did a thread and have since come down to earth!

Pancakesss

i dont have children but do have parents, siblings and grandma that likes to visit once a month so i would like to make it as comfortable as possible for them.
I've have been renting a fully furnished apartment for the past 5 years so i dont really have any furniture at all, completely starting from scratch. Im not just trying to get the basics, just budgeting in advance for everything so i wont need to get into any debt

Would also like to put a shower in as the current is only a bathtub.

Im also looking at mortgages that allow you to overpay x% without any ERC so if i do have the cash spare left i can just overpay :T

csgohan4

GoldenShadow wrote: »

My OH and I have offered on a 3 bed house and going through mortgage app etc now. We have a dining table and sideboard gifted from family. Aside from that we will take a TV stand, a mattress, two TVs and just our clothes. We basically have a budget of 0 at the moment, we will buy things as we go. Things like washer dryer we still stump up for early on ish. Probably DFS a sofa on credit so no massive outlay on that. Certainly don't expect to spend a few K. I did think like you originally but did a thread and have since come down to earth!

Don't apply for credit until you have completed, lenders might do another credit check before.