We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Where to go for an AIP/DIP?
hufc2002
Posts: 329 Forumite
Hi all
Where do I go to get a DIP/AIP?
Our house is getting valued in the next few weeks with a view of it going on the market depending on the valuation etc.
We will be looking at properties in the £165k region with a 10% deposit.
Wife is keen to get ours on the market to enable us to be in a better position for offering on properties as we are looking at a very particular area to buy and properties don't come up for sale often.
My worry is whether or not we will be approved for a mortgage therefore I would be keen to have a DIP/AIP in place sooner rather than later.
Where should I go for this and will these affect credit files or are these soft searches? We bank with Lloyds however their rates aren't great.
Financial Scenario is as follows:
Combined salary of £62.5k
Wife Car Loan - £178 per month (23 months remaining)
My Car PC - £389 per month (28 months remaining)
Wife CC Balance - £2.5k
My CC Balance - £0
Childcare Costs - circa £680 per month (however we both receive maximum amount of childcare vouchers £243 each per month therefore £194 paid via cash). These costs will reduce dramatically with effect from Easter 2018 with the provision of 30 free hours.
Any advice please.
Thanks
Where do I go to get a DIP/AIP?
Our house is getting valued in the next few weeks with a view of it going on the market depending on the valuation etc.
We will be looking at properties in the £165k region with a 10% deposit.
Wife is keen to get ours on the market to enable us to be in a better position for offering on properties as we are looking at a very particular area to buy and properties don't come up for sale often.
My worry is whether or not we will be approved for a mortgage therefore I would be keen to have a DIP/AIP in place sooner rather than later.
Where should I go for this and will these affect credit files or are these soft searches? We bank with Lloyds however their rates aren't great.
Financial Scenario is as follows:
Combined salary of £62.5k
Wife Car Loan - £178 per month (23 months remaining)
My Car PC - £389 per month (28 months remaining)
Wife CC Balance - £2.5k
My CC Balance - £0
Childcare Costs - circa £680 per month (however we both receive maximum amount of childcare vouchers £243 each per month therefore £194 paid via cash). These costs will reduce dramatically with effect from Easter 2018 with the provision of 30 free hours.
Any advice please.
Thanks
0
Comments
-
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
-
Try speaking to a mortgage broker or you can do AIP's online and some banks only do soft credit checks.:jFinally going to be a homeowner:T0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards