Hi all,
need a bit of advice me and my hubby have got £40000 deposit we are looking at buying a new build at £160000, initially i was looking at the first buy scheme, i earn £15500 a year and my Hubby is on £21000. However Huby has some adverse credit this includes defualts on two loan and three credit cards going back to 2008.
Now I have spoken to my bank and I have an AIP in my name for £86000, We were not going to include him and were going to use the First buy scheme, unfortunatley this is becoming something of a battle and i was wondering if there was any lender that would except my Husband on the Mortgage bearing in mind we have 25% deposit and combined income of £36000 and my credit record is very good?
also his experian credit score is 865 and saying fair but i do know that this is a spurious number!
Any I ideas on the best way to go should we have a go at a joint mortgage or should I persevere with The Firstbuy fiasco
Thanks in advance
need a bit of advice me and my hubby have got £40000 deposit we are looking at buying a new build at £160000, initially i was looking at the first buy scheme, i earn £15500 a year and my Hubby is on £21000. However Huby has some adverse credit this includes defualts on two loan and three credit cards going back to 2008.
Now I have spoken to my bank and I have an AIP in my name for £86000, We were not going to include him and were going to use the First buy scheme, unfortunatley this is becoming something of a battle and i was wondering if there was any lender that would except my Husband on the Mortgage bearing in mind we have 25% deposit and combined income of £36000 and my credit record is very good?
also his experian credit score is 865 and saying fair but i do know that this is a spurious number!
Any I ideas on the best way to go should we have a go at a joint mortgage or should I persevere with The Firstbuy fiasco
Thanks in advance