Lab 10,979 Posted March 1, 2013 Author Report Share Posted March 1, 2013 I had the same problem about 15 years ago when i wanted to take off the name of my ex husband, they said i wasnt earning enough as well, the fact i was paying the bloody mortgage made no difference so i left it Its non of my business Kay but would he not be entitled to half if he wanted to get funny ? Is that what Kay ment by "so i left it". Canny see that being possible. Although i'm still on talking terms with my ex at some point she will want another mortgage and she wont get it. And thats the other thing, could be 10 years down the line and she would want half.? Quote Link to post Share on other sites
Lab 10,979 Posted March 1, 2013 Author Report Share Posted March 1, 2013 no ones lending at the minute,unless you accounts prove very good,and they do ask for accounts now,so most self employed people are screwed..............but you could try the buy to let mortgage,the rent you get plus your income should be ok,of course you will live in it,just need to get around how to do it,but my mates an advisor he told me this,but it was a while back........ They wanted my last 2 years accounts. Never heard of the thing you mention, will keep it in mind though........ Quote Link to post Share on other sites
Qbgrey 4,065 Posted March 1, 2013 Report Share Posted March 1, 2013 no ones lending at the minute,unless you accounts prove very good,and they do ask for accounts now,so most self employed people are screwed..............but you could try the buy to let mortgage,the rent you get plus your income should be ok,of course you will live in it,just need to get around how to do it,but my mates an advisor he told me this,but it was a while back........ They wanted my last 2 years accounts. Never heard of the thing you mention, will keep it in mind though........ i was in the same position mate,went to the bank with my accounts,they said they could lend me 10,000 mortgage ....i already had one for ,000 from a independant advisor.....but a mate of mine does morgage advise and it was hin who said the buy to let.....u must get an independant guy asap mate Quote Link to post Share on other sites
Lab 10,979 Posted March 1, 2013 Author Report Share Posted March 1, 2013 no ones lending at the minute,unless you accounts prove very good,and they do ask for accounts now,so most self employed people are screwed..............but you could try the buy to let mortgage,the rent you get plus your income should be ok,of course you will live in it,just need to get around how to do it,but my mates an advisor he told me this,but it was a while back........ They wanted my last 2 years accounts. Never heard of the thing you mention, will keep it in mind though........ i was in the same position mate,went to the bank with my accounts,they said they could lend me 10,000 mortgage ....i already had one for ,000 from a independant advisor.....but a mate of mine does morgage advise and it was hin who said the buy to let.....u must get an independant guy asap mate Yeah it looks that way mate....which annoys me cause they'll be wanting there cut. I'm sure its just a con too get them all work. Thing is if i failed to pay my mortgage they would be quids in by selling the place. Common sense is lacking. Nae wonder the banks are f****d!! 1 Quote Link to post Share on other sites
Qbgrey 4,065 Posted March 1, 2013 Report Share Posted March 1, 2013 if the morgage is a small part of the value of the house that helps,but if your borrowing up to talmost the value of the home you need to be earning alan sugars wages Quote Link to post Share on other sites
treecreeper 1,136 Posted March 1, 2013 Report Share Posted March 1, 2013 mortgages are a feckin con fullstop, if you look at what you pay off compared to what you pay its Quote Link to post Share on other sites
Lab 10,979 Posted March 1, 2013 Author Report Share Posted March 1, 2013 if the morgage is a small part of the value of the house that helps,but if your borrowing up to talmost the value of the home you need to be earning alan sugars wages Theres loads of capital. If the idiots would include the land i'd be laughing. They wont do that.... Quote Link to post Share on other sites
mr scent 665 Posted March 1, 2013 Report Share Posted March 1, 2013 Thats some load off bollix lab ,go what you say your goin to do and see an independant advisor .Either that or get her whacked lol few tough lads on here lately would volenteer lol 1 Quote Link to post Share on other sites
Qbgrey 4,065 Posted March 1, 2013 Report Share Posted March 1, 2013 you poss be ok then lab.hope you get it sorted 1 Quote Link to post Share on other sites
moonlighter 1,163 Posted March 1, 2013 Report Share Posted March 1, 2013 If you see an independent mortgage advisor they can be free, as they get paid from the lender in commission. 1 Quote Link to post Share on other sites
shootlodge 145 Posted March 1, 2013 Report Share Posted March 1, 2013 Its down to what you earn, Most banks are hard work at the moment. If your self employed sort your accounts, if you can genuinely pay it, if not its no good massaging the figures if you going to be in poo poo st again in 12 months. If your on the p.a.y.e books & work from home s/e , your on to a winner. Maybe a business bud can help with a letter of wages over the last 18 months, s/e basis , this added to your employment Try a few building societies Nationwide have some good deals, & have a sympathetic ear. As you only need half, i am sure a good building society will strike a deal, especially if you can drop in a couple of grand in too . Quote Link to post Share on other sites
the_stig 6,614 Posted March 1, 2013 Report Share Posted March 1, 2013 no ones lending at the minute,unless you accounts prove very good,and they do ask for accounts now,so most self employed people are screwed..............but you could try the buy to let mortgage,the rent you get plus your income should be ok,of course you will live in it,just need to get around how to do it,but my mates an advisor he told me this,but it was a while back........ They wanted my last 2 years accounts. Never heard of the thing you mention, will keep it in mind though........ did you mention the 10k cash you earn might of swung it for you Quote Link to post Share on other sites
Lab 10,979 Posted March 1, 2013 Author Report Share Posted March 1, 2013 If you see an independent mortgage advisor they can be free, as they get paid from the lender in commission. Free you say.......now thats what i like to hear... Stig.......didnt like to mention it..... Quote Link to post Share on other sites
old school 500 Posted March 1, 2013 Report Share Posted March 1, 2013 i'm kind of in the same boat... only i spent 2 years chasing and supplying paper work to those useless c**ts in Santander only to be told that a transfer of equity couldnt be done because the property wasnt finished and therefore couldnt be valued!! why the f**k didnt they just say that at the start!!! but anyway, i went to halifax and they seemed to be keen enough on taking me on by myself once the build is complete!! the morgage advisor recommended them too... the wee independant ones seem to be the best as i foind that some of the other ones can send you to whatever branch will give them the better commission!! 2 Quote Link to post Share on other sites
the_stig 6,614 Posted March 1, 2013 Report Share Posted March 1, 2013 i begged stole borrowed and worked my nuts off and paid mine off in 2 year --- best thing i ever did 1 Quote Link to post Share on other sites
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