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Best Lender for 2nd jobs
Lmac1
Posts: 7 Forumite
Hi all,
I’m currently pulling my hair out.
I need to remortgage, my brokers gone awol so I’m attempting it alone (may not be wise but nothing ventured nothing gained). My circumstances have changed since I took the mortgage out, now I have a send job.
I’ve scaled the net and can’t find another lenders other than Nationwide and NatWest who accept 100% secondary income.
Please point me their direction if you know of any.
Thanks,
I’m currently pulling my hair out.
I need to remortgage, my brokers gone awol so I’m attempting it alone (may not be wise but nothing ventured nothing gained). My circumstances have changed since I took the mortgage out, now I have a send job.
I’ve scaled the net and can’t find another lenders other than Nationwide and NatWest who accept 100% secondary income.
Please point me their direction if you know of any.
Thanks,
0
Comments
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Don't wing it, especially when you a working with specific criteria.
Find another broker....I am a Mortgage Broker.
You should note that this site doesn't check my status as a Mortgage Broker, 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 advice0 -
I agree with the above, find a new broker.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
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what retention deals are being offered by your current lender?0
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Is there anything wrong with the 2 options you have found?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
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From my personal experience, Nationwide was a no go for me as they use the lower of P60 or annualised income. As I started my second job half way through the tax year, my p60 showed less than half of what I had already earned in the current year to date.
Ended up going with Santander as they took an annualised average using the last 13 payslips, which was substantially higher than the last p60. They also include 100%.
Bear in mind my second job is zero hours, so if yours has contracted hours it may be a different process for you.0 -
Nothing less than 3%.0
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Nothing! Just thought there may have been more.0
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