Anyone used the new mortgage affordability rules?

[Sheepshanks]

bigfatnick said:

Now where I go, washing is free, I bring my own food, and I wash my bed stuff at homes, so as far as I'm concerned there are no additional costs to if I was sleeping in my own bed at home (aside from maybe putting the washing machine once or twice more per month.

Best keep quiet about that!

I work from home and we used to be allowed £6/wk for extra gas/elec - our firms last HMRC inspection knocked it down to £4/wk.

[a4cabrio]

bigfatnick, have you tried the Halifax?? They were great when I applied for a mortgage with them last March, I'm also a lorry driver and my wages are made up of various payments, hourly rate, overtime rate, early start payment, weekend enhancement and also a weekly bonus, all this was taken into account in the application process and I got offered more than I needed.

Good luck

[Sarnie]

a4cabrio said:

I got offered more than I needed.

This could easily just mean that Halifax didn't need to use your "weekly bonus" as you weren't trying to stretch your income as much as the OP maybe trying to.....

[bigfatnick]

Thanks a4cabrio. I'm on it!