WWYD buying now Vs later and possibly a better house

mrsmortgage

e've been trying to buy this house since September. It has been slightly delayed mostly because our original lender (TSB) would not lend for a house with a single.skin wall. So now the broker found another one with Halifax. Thanks to the delays now our baby has been born and is counted as a dependent. They want us to have more deposit (2.5k) in order to be approved. We don't have that money, the only thing I can think of is to ask my MIL and pay it back eventually (in 12- 9 months).

One other thing to consider is that ok will get a payrise once I get back from ML. This additional income means we can buy a better house but then we have to stay in rented and we don't know a) how much more exactly am I going to get (at least £5k but most likely £7k) b) I'd probably have to work sooner than expected which is not ideal.

BTW I think the broker should have asked if the baby had been born before a bee mortgage application!