Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Dev0891
    • By Dev0891 11th May 18, 8:11 AM
    • 7Posts
    • 0Thanks
    Dev0891
    Need help with mortgage application
    • #1
    • 11th May 18, 8:11 AM
    Need help with mortgage application 11th May 18 at 8:11 AM
    Hi lovely people! We as joint applicants have got a DIP for a new home under help to buy option, credit check was fine my mort advisor told me, now the mort adv visited me and hv collected all originals pay slips etc etc, now my question is that we both used to work part time before but now we are working full time and therefore can apply for mortgage wich will be 140k after 20% HTB, we used to get child tax credit which was abt 150 per week but now we are receiving only about 18 pounds but have not added it as extra income, so, will lender question as to why ctc is not included as extra income? Will it be a problem? Also i was 3 month in no job Before 5 months as my wife started working and i looked after my 3 yo son.

    Also we hv a lot of expenses and still have never overdrawn and bad credit, we are jointly earning about 38k per anum.
    Kindly help
Page 1
    • kingstreet
    • By kingstreet 11th May 18, 8:20 AM
    • 34,101 Posts
    • 18,504 Thanks
    kingstreet
    • #2
    • 11th May 18, 8:20 AM
    • #2
    • 11th May 18, 8:20 AM
    will lender question as to why ctc is not included as extra income?
    Originally posted by Dev0891
    No.

    Will it be a problem?
    Again, no.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

179Posts Today

1,443Users online

Martin's Twitter
  • RT @Dora_Haf: @MartinSLewis So many people on here saying they're great until you get your PROPER job. What if Your proper job Is ON zero?

  • RT @hslt88: @MartinSLewis I?m a trustee for a youth charity. We only have a limited pool of funds for flexible youth workers for holiday sc?

  • RT @Dan_i_elle_88: @MartinSLewis Loved working zero hour agency care work. Never out of work and I loved having the flexibility! Only left?

  • Follow Martin