Tuesday, July 28, 2015
Can we get a mortgage with our incomes?
Have been looking into saving up for a deposit to get a mortgage, not at the stage for bank visits yet though. Wondering if you could all share your experiences with the mortgage process? I earn ã14,000pa before tax, partner earns ã12,000pa as basic plus an extra ã5,000 commission pa will this be taken into consideration?
Looking at properties no more than ã180,000 hoping to save ã18,000 for a deposit but fees to also come out of this? Have other savings for furnishings, etc
Many thanks
Added (1). We don't have any debts, which I know is good, however this also means we don't have much/any(?) credit history?
pa - per annum, so yes, per year
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