9 Feb 2007 22:08
Looking at buying a flat.
At the moment I have about 8 grand for a deposit. Flat I quite like is offers over 96 grand . Question is would I be able to get a mortgage to offer around 103-105 thousand?
My current income is as follows
19000 per anum +
10% profit share bonus
I get a 5% wage rise in march aswell and my profit share in april.
My girlfriend would also be moving in so that would help with the bills.
Currently work at a bank in finance , and studying CIMA examinations.
any one help me in what to do next and what i can afford
9 Feb 2007 22:22
are you in scotland (judging by the offers over comment?). mortgage at 96 grand minus 8 grand deposit would come in around £500 a month. would your girlfriend put money towards it?
9 Feb 2007 22:24
is that interest only?
not really keen interest only
and yes she would put money towards it
9 Feb 2007 22:26
could you afford it alone if she fucks off ?
9 Feb 2007 22:34
whats your thoughts then acceptable or not?
9 Feb 2007 22:38
If shes living there anyway? without signing? cant she claim anyway if it all goes tits up?
9 Feb 2007 22:50
Thanks, misled youth and Essence.
9 Feb 2007 22:56
any ideas on lenders?
and what bid i should put in? its offers over 96