First time buyer Kensington mortgage

MrsP08

Hi

We're first time buyers I'm employed and husband CIS for last 12 months. What can I get prepared paperwork wise for the application other than payslips, CIS statement and bank statements? Any tips welcome to speed up the process thanks

MrsP08

Ps we have pretty poor credit but a big over 60% deposit from inheritance

lindens

passports/proof of ID. Proof of deposit.

anfieldred

MrsP08 wrote: »

Ps we have pretty poor credit but a big over 60% deposit from inheritance

If you're not with a broker, I'd say get one. I'd say if you've got a large deposit you'll likely be OK unless there's anything majorly untoward in your credit history.

Kensington are SLOW, but there's a lot of people on here (myself included) who have got with them when most others wouldn't touch us.

For my application - I needed:

• bank statements (3 months)
• 4 months payslips
• credit card statements
• letter explaining my debts
• p60

MrsP08

Thank you, I'll clear all my debts fully in next 2 weeks as I've an interim payment on inheritance, so guess good idea to get proof of debts being cleared in case credit report rakes long to update.