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Finding a New Home Seems Impossible

AfromanJ · 2016-04-10 19:53:14

I am desperately trying to find a new home for my family. Here is my situation. I have a family of 3 (including myself, son and partner), we have been looking for a new house for a year in South-East UK around Hampshire. Since then my savings and salary have increased, we can now afford a property to the value of £180K…

Comments

MortgageMamma Posts: 6,686 Forumite

12 April 2016 at 9:05PM

I suggest you save like hell and get your partners income included for the mortgage, even if she only earns a small amount every little helps.

You should really look into the help to buy and equity loan scheme it could give you the 20k or so boost that you really need.

Remember what you are buying is a starter home which hopefully will increase in price over the years then you trade up, if you have to compromise it won't be forever and it will be better for your young child to have some outside space too.

Perhaps you should take some professional mortgage advice about the help to buy scheme and also get an affordability assessment done, assuming you haven't already but if you have your broker should have told you about the scheme

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.
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