Hi, Im a FTB and about to apply for my mortgage (house offer accepted).
I did assume I would apply for 25years, but as Im a sole applicant a 30yr mortgage may look more affordable on paper? (I could always then overpay).
Do you think I might have a better chance of getting it by going for 30 years please?
Any downside to applying for 30years -is this unusual?
I did assume I would apply for 25years, but as Im a sole applicant a 30yr mortgage may look more affordable on paper? (I could always then overpay).
Do you think I might have a better chance of getting it by going for 30 years please?
Any downside to applying for 30years -is this unusual?