Mortgage achievable?

Conrad

Richie it is essential you do not rely uon an Agreement In Principle, they are just a rough indicator as all sorts of assumptions are built into them, to include that you will be able to fully satisfy a Human underwriter all of your income is sustainable.

The fairly complex income scenario needs to be considered only by lenders that accept probationary periods. Lenders have differing rules around probations - for example they may allow it subject to the wording of an employers reference.

In summary you will not know for sure until a full blown underwriting process has been carried out.

herbiesjp

richie_greenuk wrote: »

I have done my maths and feel we can afford it so hope the mortgage co's can too

Indeed - the next step is to find a lender that can agree the mortgage for you.

If going direct to lender's - please do not let them credit search you at each different lender, as too many of these could impact on a lender's lending decision