Hi can anyone help, i sold my last house and have been staying with family. I have £90000 deposit, am self employed - income average over 4years is £21000. My wife works on bank staff but has been working full time for one company for 18months Average wage £22k per year - has pay slips, but not contracted. She worked for this company for 3years previously on a fulltime contract (with a break between the two types of work) . Our last mortgage we paid £1300 repayment per month, never defaulted and often overpaid for last 5years. Our current situation is we have seen a house marketed around £250k, we have the £90k deposit and could borrow £10k from family so we would need a mortgage to cover £150k. Does anyone have any advice on whether this is possible as we have been told that my wifes work wouldnt be taken into account?? And i would only be given 4x my salary which would give me a measley £84k! Far less than my previous mortgage! HELP!!!!
↧