I think alot also depends on the level of mortage vs equity in the home and to income and to the value of investments. I currently have 3 x my mortgage invested across isas and pensions. My mortgage is less than 2x joint salary between myself and my partner. I view it as a 30% ma...
Mortgage broker vs bank…what’s the difference? Listen up as there is a BIG difference! A bank will only offe… Read more What salary do I need for a mortgage? Tell me…how much can I borrow on my salary? How long is a piece of string?! The truth is, there is no ‘one s…...
"You have to leave your job, you have to make your best efforts to find another job and only if you are not able to find one will the tribunal award you compensation - in about a year as the tribunals are so busy. This is capped at a year's salary or £115,115 - whichever is...
Whether you’re employed or self-employed makes no difference to the range of mortgage products that you’re entitled to in the UK. Lenders just need to know about yourability to repay. Having a contracted salary from an employer is a great way to demonstrate this, but there are plenty of...
Reduced Cost of Living:For most people, mortgage payments are your biggest monthly expense after taxes. Without a mortgage payment, you can save more, work less, or take that dream job you always wanted but couldn’t afford because of the lower salary. ...
“..the experience of renting in Britain is horrible, because all the advantages accrue to the landlords who until recently had captured politicians, and many in the space are amateurs too, in the sense of rank amateurs. The devil is in the detail – private renting in the UK is dear, ...
Limited company mortgage:If you work as an IT limited company and your income consists of salary and dividends, lenders will need to see proof of both types of income. Lenders may consider operating or net profit. Partnership mortgage:If you work on a freelance basis within an IT partnership...
Documentation collected from the borrower should be from sources that can be independently verified and validated such as: o Wage or salary statements o Bank account statements o Credit accounts with other creditors such as auto loans or student loans o Verification of rental payment o Personal ...
If you know anything about commercial property lending, you’ll know that one of the kind of properties that are used in this field are Shopping Centers. However, aside from the consumer perspective, do you know the origin of shopping centers, what they are designed for, their price on the...
Type Description A bad customer is defined, in this case, as a customer who1h8 aofs32 Quantitative payment delays or has not repaid the loan by the due date and has penalties such as garnishment of salary, court executions, etc. TaQbluea4n.tDiteastcivrieption of variables. The value (...