At 41 years old we are looking for a new mortgage. We will need a particular type of lender to get the mortgage we need.
We're both 41 so less than 25 years before our 'retirement age of 65'.
We need at least 5 or 6 times our salaries ... does this even exist anymore?
We need a lender that will consider 100% of an annual bonus that I receive at work. Not 50% as most lenders do.
We could really do with an interest only mortgage for the first couple of years.
I know this sounds completely unrealistic but we currently have 5 of us crammed into a 1.5 bed ... and it's getting impossible. We desperately need more space but loathe to move to a less expensive area as we're right next to a great primary.
I'm also curious to know from anyone who has gone through this recently, how many months bank statements do they look through to check your expenditure? 3 months/6 months?
Please come and impart your wisdom! Feel completely lost and confused with the whole thing.
Please or to access all these features
Please
or
to access all these features
AIBU?
To avoid using a mortgage broker, or are they worth their salt?
73 replies
OnenamedPeter · 02/09/2015 19:48
OP posts:
potap123 ·
02/09/2015 22:40
This reply has been deleted
Message withdrawn at poster's request.
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