Hi Guys,
Currently have a 10% (£15,500) deposit for a property of £155,000. One of us has a payment plan / arrangement to pay on credit history (within last 2 years - now settled) although no payments missed, other credit history is fine. Deposit has been saved over last 18 months (Both have income of 24-26k). One of us is on a fixed term 12 month contract (not expecting trouble finding work after this and have been in employment for 12 months post uni bar a month between contracts that was opted for and the other has been in work about 11-12 months and on a permanent contract.
What's our next step with regards to a mortgage, we haven't applied for any yet - are we likely to be accepted?
Thanks
Currently have a 10% (£15,500) deposit for a property of £155,000. One of us has a payment plan / arrangement to pay on credit history (within last 2 years - now settled) although no payments missed, other credit history is fine. Deposit has been saved over last 18 months (Both have income of 24-26k). One of us is on a fixed term 12 month contract (not expecting trouble finding work after this and have been in employment for 12 months post uni bar a month between contracts that was opted for and the other has been in work about 11-12 months and on a permanent contract.
What's our next step with regards to a mortgage, we haven't applied for any yet - are we likely to be accepted?
Thanks
