Mortgage/Maternity

Jrose1927

Hey guys need advice

So I've got a mortgage with principality currently selling and buying a house

I can get a mortgage I principle for myself for 125k or with my partner for 205k

My partner is coming on the mortgage as I need a 250k mortgage

Problem is she is on maternity and I've got my application tomorrow.

Am I worrying over nothing or is there things I need to know before applying

Thank you

Jrose1927

150k mortgage not 250k

muhandis

I'm not sure what the question is.

If it is whether your partner's income will count while on maternity - Yes, plenty of mainstream lenders will consider the return-to-work pay for affordability. Along with latest payslips, you will in all likelihood require a letter from the partner's employer stating that she is currently on maternity, due to return on xxx on an annual salary of xxx.

Assuming that you are using a broker, he/she has probably placed you with a suitable lender who will treat as above.

Jrose1927 wrote: »

Hey guys need advice

So I've got a mortgage with principality currently selling and buying a house

I can get a mortgage I principle for myself for 125k or with my partner for 205k

My partner is coming on the mortgage as I need a 250k mortgage

Problem is she is on maternity and I've got my application tomorrow.

Am I worrying over nothing or is there things I need to know before applying

Thank you