Nationwide mortgage after lockdown

peppapig14

looking for some into whether going ahead with mortgage or holding off a year. we currently have a 75%LTV fixed rate mortgage offer , and due to exchange contracts as soon as lockdown lifted. 
we are having a few doubts with the economic climate, but equally don't want to lose the house.
what are the chances of still getting a mortgage in say a years time- would there be tighter lending criteria, fixed rate offers higher interest rate, could we rejected with 25% deposit.
we aim to over pay the difference between the mortgage amount and what we are paying in rent  , so I'm hoping negative equity wouldn't he an issue but concerned we would still lose out on some of our deposit we would have put down.

tommyedinburgh

You will mathematically have more chance now than in a year I would imagine.

onlyfoolsandparking

You've already answered your question with your statement of 'don't want to lose the house' based on my own house buying and selling experiences over the years, you win a bit lose a bit with houses and mortgage deals but it all tends to balance out. One thing that will never change is losing a house you've set your heart on chasing the best deal in the world. whilst you still have the choice of getting it, GO FOR IT!!!! be happy.