Hi all, am trying to get a mortgage at the moment and I'm currently on maternity leave returning in April. We've made an offer that has been excepted on a house and are able to pay a 20% deposit.
We've approached a mortgage broker and they have said that companies are not interested because I am on maternity leave. The building societies are basing mortgage offers on statory maternity pay and the broker has advised us that the best deal we can get is for a 15% deposit as the 20% deposit doesn't make much difference to rate of interest on the mortgage.
Am a bit worried that as it is a commision based broker they are doing the best for themselves rather than us.
Has anyone else experienced this sort of problem getting a mortgage when on maternity leave?
Can anyone recomend lenders that have given them good deals despite being on maternity leave?
Thanks
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Mortgage and maternity
20 replies
karron · 21/01/2013 20:01
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