Ok this is going to sound daft to many people but I wanted to ensure I have the main basis covered.
I have arranged to see my bank on Tuesday for a mortgage chat(don't intend on asking for AIP/DIP) with regards to a Million and one questions I have on mortgages (me and wife have never been through the process before). Though here are some I am hoping you can all help answer:
I am a serving member of the armed forces and have obviously moved/posted regulary within the last 10yrs, any idea how this will look?only been at current address since Jan. We are on electoral roll here and have been on all previous addresses.
I have a comet store card with £0 balance but as we all probably know they are now liquidated, unfortunately no-one seems to want ownership of card to allow me to change the address on the card or close the account, so address differs to my current address, how much of an issue is this?
Another quick question we think I should be able to achieve affordability on my income alone, but how awkward is it to have my wife on the mortgage but not have her wage considered(she has been at her current job just over a month so didn't want to have to wait for her to get three payslips+ for her to use it in a mortgage application)?
And finally I have just had 2 defaults fall off my CRA reports, over six years since registered, so my question is unless I am asked about them specifically ie have you ever defaulted? Do I or should I volunteer this information? All CRA appear clean now.
Thank you all for any advice on this waffle, :)
I have arranged to see my bank on Tuesday for a mortgage chat(don't intend on asking for AIP/DIP) with regards to a Million and one questions I have on mortgages (me and wife have never been through the process before). Though here are some I am hoping you can all help answer:
I am a serving member of the armed forces and have obviously moved/posted regulary within the last 10yrs, any idea how this will look?only been at current address since Jan. We are on electoral roll here and have been on all previous addresses.
I have a comet store card with £0 balance but as we all probably know they are now liquidated, unfortunately no-one seems to want ownership of card to allow me to change the address on the card or close the account, so address differs to my current address, how much of an issue is this?
Another quick question we think I should be able to achieve affordability on my income alone, but how awkward is it to have my wife on the mortgage but not have her wage considered(she has been at her current job just over a month so didn't want to have to wait for her to get three payslips+ for her to use it in a mortgage application)?
And finally I have just had 2 defaults fall off my CRA reports, over six years since registered, so my question is unless I am asked about them specifically ie have you ever defaulted? Do I or should I volunteer this information? All CRA appear clean now.
Thank you all for any advice on this waffle, :)