First Mortgage

[Bikesalot]

The time has finally come to try step on to the property ladder.

Me, i'm in full time employment and have been for the last 8 years, salary is approx £30k, I have a deposit similar to me annual income.

I will most likely formally approach a broker/lender in December to see what I can get, before then I have a few questions;

I will be purchasing with my partner who has recently qualified in the dental industry and will effectively be self employed. Whilst the wages are good she will only have 3 months earnings by December, will this have a negative impact?

I understand lenders will look in depth at my last 3 months of accounts, is there a benefit to providing a spreadsheet showing every penny of expenditure and detailing what it's been spent on?

Anything else I can do to prepare/ increase my chances of being accepted?

Thanks

[Bikesalot]

If I'm realistic, most of Hertfordshire is out of my price range, a mortgage calculator with little information suggests I could mortgage 150k...I don't fancy a studio flat, I have no experience if that estimate could fluctuate by 30k or more each way.

With her work at the moment I'm prepared to commute Upto 45 minutes each way, so somewhere further up the A1M, Sandy / Upper Caldecott is an option prices aren't outrageous at the minute, or somewhere east of my location towards Essex.

Saving is key! I'm hearing that a lot and trying my hardest.