Visit the bank first? Or find the house first?

Curls2208

Thanks for the analogy, I see your point, but if going to Tesco shopping was completely new to me and so was the spending of the money at the till. Then maybe I would do this?

That's the beauty of forums, you can ask these silly questions so that you'd don't have the embarrassment of being caught at the till with no money ;-)

glider3560

Remember that the amounts given online are just a guide.

My lender wouldn't accept my "retention allowance" as just being part of my normal salary, but instead treated it as a contractual bonus, and thius only considered 50% of it as income :mad:

Additionally, they took into account expenditure and wasn't asked for online, which effectively lowered my affordability.

ThePants999

Last time I moved, I knew I'd be porting my mortgage (and borrowing more), so I knew I'd be going with my existing lender. I also knew that, since they only do mortgages on an advised basis these days, I'd have to wait a fortnight for an appointment with an advisor. So I actually "applied" as soon as we accepted an offer on our house, and sure enough, ended up having our appointment (and submitted the full app) the day after we had an offer accepted - a gamble, but paid off nicely