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Question for the Advisors - FTB Query!
cahillg81
Posts: 239 Forumite
I have a first time buyer who is looking for a 90% LTV mortgage they are employed stead employment for 2+ years and looking to get on the ladder, affordability is a breeze looking for a loan of approximately 2.1 x income but due to never having had a credit card/loan and even the mobile phone contract is paid for by the parents I am struggling. I can get 84.9% but don't want to go causing further problems by doing repeated scores.
The 84.9% is with Nationwide. Who in my experience are generally ok for FTB's.
Were would you look at going or who have you had most success with at 90% for FTB's?
I've drawn up a list of
Skipton
Halifax
NatWest
If I were to go 1 out of the 3 who would you pick. Halifax has the advantage of soft foot print but I think deep down NatWest are generally more lenient.
The 84.9% is with Nationwide. Who in my experience are generally ok for FTB's.
Were would you look at going or who have you had most success with at 90% for FTB's?
I've drawn up a list of
Skipton
Halifax
NatWest
If I were to go 1 out of the 3 who would you pick. Halifax has the advantage of soft foot print but I think deep down NatWest are generally more lenient.
I am a Mortgage & Protection Broker
MSE doesn't check my status so you have to take my word for it. Any information posted is for discussion only and should not be seen as advice. I am FCA Registered, registration details available on request.
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Comments
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Skipton only need to find one line of credit - bank account maybe? Although the lack of history will affect the score.
Personally I really like natwest at the minute. It just feels like everything is flying through without touching the sides.
What about someone like Saffron? They do not credit score.I am a Mortgage AdviserYou 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.0 -
Cheers ACG. I am liking NatWest myself and you have confirmed what I thought about Skipton, working from home today so thought it quicker to post here rather than e-mail the team in the office :-)I am a Mortgage & Protection Broker
MSE doesn't check my status so you have to take my word for it. Any information posted is for discussion only and should not be seen as advice. I am FCA Registered, registration details available on request.0 -
The current account provider may be a decent bet.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.0
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