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Urgent advice needed

Bradgbrl1987 · 2017-12-27 22:22:32

Hi guys I’m going to see a mortgage broker this Saturday to start applying for a mortgage, what’s my chances in my scenario details below I had a payday loan 2 years ago and another’s before that I’ve a few credit cards total value £22k outstanding is about 3k No missed payments at all no loans no HP and no customer…

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Spangled Posts: 193 Forumite

29 December 2017 at 12:07PM

So you earn around £50k a year and your other half earns £30k a year. So £80k pa joint income, wanting to borrow £320k on a total purchase price of £400k. That's borrowing four times joint income at 80% loan-to-value. That sounds doable but the devil will be in the detail. Good luck!

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Urgent advice needed

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