Hi,
My mortgage is currently £202k, house worth £300k, orig. mortgage £245k 5 years ago.. My wife earns £32k per annum plus £5ish bonus. I earn on average about £50k per year. I want to shop around for a better mortgage but as I temp workwise for different companies my job record stands against me, my wife however has been in her job 7 years. I am wondering if we would be better off stating her as the first earner rather than me or is her salary/mortgage ratio still not low enough yet?
John
My mortgage is currently £202k, house worth £300k, orig. mortgage £245k 5 years ago.. My wife earns £32k per annum plus £5ish bonus. I earn on average about £50k per year. I want to shop around for a better mortgage but as I temp workwise for different companies my job record stands against me, my wife however has been in her job 7 years. I am wondering if we would be better off stating her as the first earner rather than me or is her salary/mortgage ratio still not low enough yet?
John