Hi guys, first of all, please take me seriously I am not a troll, or a dreamer. I am serious and need your help.
I would like to purchase a new build house, (not a apartment/flat) with a garage with in region of £170k to - £230k depending on what I currently can get for my buck.
I want to take the oppourtuinity and use that new government scheme and put down a 5% deposit and they will put in a 20% deposit for you.
Some facts about myself.
I earn on average, £3000 a month online through Google Adsense for my websites, (being doing so for past year.
I work full time for Sainsbury's picking up just over 1,100 a month.
I have a good credit history, credit cards, and phone contracts, not late/miss payments. CCJS, Defaults. I am on the electroll roll.
So combined through my website earnings, and my full time work earnings, I earn just under £4000.00 a month. My website earnings is not taxable. I don't have a business.
So affordability I can afford the mortgage payments. My mum will also be living there, contributing over £500 a month for the mortgage. Her credit is bad though, with CCJ'S/Defaults/Missed/Late payments.
So taking into fact that r.e the about about my mum, plus she's over 50, which is a negative factor when it comes to something such as a mortgage. I will be going through with the mortgage application just by myself.
So taking into consideration, my age, and my income mentioned above, can I get a mortgage on a new build property worth £170k - 230k? I will be using the government right to buy scheme and put i a 5% deposit with them contribuiting the rest of the deposit. 15 or 20%??
I would like to use Nationwide for my mortgage, but is it best to approach a broker who's job I'm guessing is to find you the best deal/someone who will likely accept you?
Can someone help me also to find some new build house properties perferbably with 2 or more bedrooms, and a garage and maximum 15 miles from where I currently live Birmingham B12 8EH.
many thanks
I would like to purchase a new build house, (not a apartment/flat) with a garage with in region of £170k to - £230k depending on what I currently can get for my buck.
I want to take the oppourtuinity and use that new government scheme and put down a 5% deposit and they will put in a 20% deposit for you.
Some facts about myself.
I earn on average, £3000 a month online through Google Adsense for my websites, (being doing so for past year.
I work full time for Sainsbury's picking up just over 1,100 a month.
I have a good credit history, credit cards, and phone contracts, not late/miss payments. CCJS, Defaults. I am on the electroll roll.
So combined through my website earnings, and my full time work earnings, I earn just under £4000.00 a month. My website earnings is not taxable. I don't have a business.
So affordability I can afford the mortgage payments. My mum will also be living there, contributing over £500 a month for the mortgage. Her credit is bad though, with CCJ'S/Defaults/Missed/Late payments.
So taking into fact that r.e the about about my mum, plus she's over 50, which is a negative factor when it comes to something such as a mortgage. I will be going through with the mortgage application just by myself.
So taking into consideration, my age, and my income mentioned above, can I get a mortgage on a new build property worth £170k - 230k? I will be using the government right to buy scheme and put i a 5% deposit with them contribuiting the rest of the deposit. 15 or 20%??
I would like to use Nationwide for my mortgage, but is it best to approach a broker who's job I'm guessing is to find you the best deal/someone who will likely accept you?
Can someone help me also to find some new build house properties perferbably with 2 or more bedrooms, and a garage and maximum 15 miles from where I currently live Birmingham B12 8EH.
many thanks