Pimping my CV

[lovingboth]

This morning, we visited a mortgage adviser with the current mortgage provider about options for buying somewhere up t'north (ok, the East Midlands...)

Having what's left of the inheritance helps enormously because it gives a worthwhile deposit, ditto house prices there. She gave a little gasp when we told her how much somewhere with four bedrooms costs there - it's doable for £200k, i.e. substantially less than this two bedroom place would go for now.

On L's sole income and 30% deposit, they'll allow us to owe them £140k. So with £35k left on this mortgage, this gives £105k in a new mortgage.

If I get a job paying £10k, how much more do you think they'll allow us to owe them?

[Poll #1728029]


This entry was originally posted at http://lovingboth.dreamwidth.org/422141.html, because despite having a permanent account, I have had enough of LJ's current owners trying to be evil. Please comment there using OpenID - have and if you have an LJ account, you can use it for your OpenID account. Or just join Dreamwidth! It only took a couple of minutes to copy all my entries here to there.

Comments

[valkyriekaren.livejournal.com]

Don't even talk to me about mortgages. At the moment I can't even get one due to my work situation, and even if I could, most of the places I see that I can afford turn out to be 'cash buyers only' due to the ridiculously conservative attitudes of mortgage companies/underwriters when it comes to anything that isn't bricks and mortar with a tiled roof.

[lovingboth]

Yes, you were one of the people I was thinking of when I put the cut tag on the post. The frightening thing is what we could buy as first time buyers in London - not much.