Shares Ownerships and Mortgage Question
Shares Ownerships and Mortgage Question
Author
Discussion

expensivegarms

Original Poster:

683 posts

227 months

Monday 28th April 2014
quotequote all
Probably a bit of a silly question but anyway!

I'm looking to buy somewhere at the moment, and probably have around 15k to put down as a deposit. Not a lot I know, but I have found somewhere that is shared ownership for £65000.

As I have only been employed for around 4 months, and was self employed for around 2 years before that, is there any point in me even applying for a mortgage?!

I need to move away from where I was brought up due to work, and I keep thinking that renting is dead money and I'd rather buy somewhere, or at least buy part of somewhere!

Is getting a mortgage going to be a problem for another couple of months?

sumo69

2,164 posts

250 months

Monday 28th April 2014
quotequote all
expensivegarms said:
Probably a bit of a silly question but anyway!

I'm looking to buy somewhere at the moment, and probably have around 15k to put down as a deposit. Not a lot I know, but I have found somewhere that is shared ownership for £65000.

As I have only been employed for around 4 months, and was self employed for around 2 years before that, is there any point in me even applying for a mortgage?!

I need to move away from where I was brought up due to work, and I keep thinking that renting is dead money and I'd rather buy somewhere, or at least buy part of somewhere!

Is getting a mortgage going to be a problem for another couple of months?
Drop a PM to Sarnie - he's the mortgage guru on here.

David