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Question on max mortgage
Sander_W
Posts: 8 Forumite
Hi I have a quick question. My OH will be a probationary teacher next year on £22k and i earn £41k. Is a £230k mortgage out of the question? We have no debt and good credit scores etc.
Or would we need to wait until OH had a full time permanent position?
Thanks in advance
Or would we need to wait until OH had a full time permanent position?
Thanks in advance
0
Comments
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It is not out of the question.
Deposit size could be key.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
The new Property price is 265k and currently have equity of c£30k to put down on this. So only just over the 10% mark. How does that sound?0
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