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Help to Buy Equity Loan

cakeforbrains
cakeforbrains Posts: 608 Forumite
Debt-free and Proud!
edited 11 December 2015 at 1:19PM in Mortgages & endowments
deleted sorry
Grateful to finally be debt free!

Comments

  • TBeckett100
    TBeckett100 Posts: 4,732 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Cashback Cashier
    Have a play
    http://www.plumlife.co.uk/About%20Us/News/Pages/Help-to-Buy---Equity-Loan---simple-to-buy.aspx

    As long as it isn't red at the end, you'll get it.
  • libf
    libf Posts: 1,008 Forumite
    Can you increase your deposit to cover the gap with overtime at 50%?
  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You'll be asked to sign a Property Information Form which is the application for the loan. Check carefully how his income is entered if the broker does it for you, before you sign.
    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.
  • TBeckett100
    TBeckett100 Posts: 4,732 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Cashback Cashier
    I put my income in the same way I gave it to the lender

    I declared 50k less than I have earned for the past three years because I earn more at the end of the year so I just had to average the last three wage slips and times by 12
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