Can anyone offer me some advice/input on the following situation please?
My partner and I are looking to buy a home together. Im a director of a company with less than a years trading, but we do have a 5 year contract with a global company which documents what we stand to gain financially from the 5 year deal. Ie. My share would more than cover buying a 180k house outright!
She is full time employed and as a health professional is classed as a key worker. Between us we have £35k deposit and we're looking but to spend no more than £180k on a property.
Ive had a mortgage for the past four years and the only reason that will be stopped is because the sale on my property is going through and we'll be renting for a short period of time to save some extra money.
Am I going to be caught out by the whole 3 years accounts/scrutiny/lender wont touch me with a barge pole scenario? or could we make it a little easier by just getting the mortgage in her name and adding me to it in a number of years?
For the purposes of offering words of wisdom - both of us have impeccable financial histories.
Thanks in advance
My partner and I are looking to buy a home together. Im a director of a company with less than a years trading, but we do have a 5 year contract with a global company which documents what we stand to gain financially from the 5 year deal. Ie. My share would more than cover buying a 180k house outright!
She is full time employed and as a health professional is classed as a key worker. Between us we have £35k deposit and we're looking but to spend no more than £180k on a property.
Ive had a mortgage for the past four years and the only reason that will be stopped is because the sale on my property is going through and we'll be renting for a short period of time to save some extra money.
Am I going to be caught out by the whole 3 years accounts/scrutiny/lender wont touch me with a barge pole scenario? or could we make it a little easier by just getting the mortgage in her name and adding me to it in a number of years?
For the purposes of offering words of wisdom - both of us have impeccable financial histories.
Thanks in advance