Current debt-free wannabe stats:
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Looking for a lender who won't require EWS1? Look here:
annetheman
Posts: 1,042 Forumite
https://censeo-financial.com/wp-content/uploads/2020/09/Shared-Ownership-Lenders-Sep-20201.pdf
This was last updated September 2020 - so a few months out of date and specifically about Shared Ownership lenders but is a good indication of which lenders may accept
alternatives to the EWS1 e.g. FRAs, for those who are having trouble finding a mortgage in the current EWS1 crisis.
Edit to add disclaimer: I do not recommend buying a flat in a building without EWS1 currently, in case you do manage to buy and then find out remediation is required ££££££!!! I'd only buy with an A1/A2 or B1 EWS1 certified - but the above link might be particularly useful for people on expensive SVRs who are unable to remortgage without it.
This was last updated September 2020 - so a few months out of date and specifically about Shared Ownership lenders but is a good indication of which lenders may accept
alternatives to the EWS1 e.g. FRAs, for those who are having trouble finding a mortgage in the current EWS1 crisis.
Edit to add disclaimer: I do not recommend buying a flat in a building without EWS1 currently, in case you do manage to buy and then find out remediation is required ££££££!!! I'd only buy with an A1/A2 or B1 EWS1 certified - but the above link might be particularly useful for people on expensive SVRs who are unable to remortgage without it.
Credit cards: £9,705.31 | Loans: £4,419.39 | Student Loan (Plan 1): £11,301.00 | Total: £25,425.70
Debt-free target: 21-Feb-2027
Debt-free diary
Debt-free diary
2
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P.s. please may a mod move to Mortgages & Endowments if more appropriate!Current debt-free wannabe stats:Credit cards: £9,705.31 | Loans: £4,419.39 | Student Loan (Plan 1): £11,301.00 | Total: £25,425.70Debt-free target: 21-Feb-2027
Debt-free diary1 -
Moved!Thanks for the info.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.1
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