unoplayer88
Registered User
- Messages
- 5
Hi everyone,
My partner and I have just been refused a joint mortgage with KBC based on his earnings being inconstant (he is freelance and contracts are less promising due to Covid). I have owned a property for eight years which I recently sold and made a small profit on. We have been refused a KBC mortgage based on his freelance contracts over the next few months being cancelled. He would be putting in 25000 in savings into the property, and I myself have 90000 to put in. We are looking for a small enough mortgage and now that we have been refused we are thinking of applying for a smaller sole mortgage. What are the disadvantages of this and am I now allowed to apply straight away for a sole mortgage, despite the joint mortgage being refused?
Thanks!
My partner and I have just been refused a joint mortgage with KBC based on his earnings being inconstant (he is freelance and contracts are less promising due to Covid). I have owned a property for eight years which I recently sold and made a small profit on. We have been refused a KBC mortgage based on his freelance contracts over the next few months being cancelled. He would be putting in 25000 in savings into the property, and I myself have 90000 to put in. We are looking for a small enough mortgage and now that we have been refused we are thinking of applying for a smaller sole mortgage. What are the disadvantages of this and am I now allowed to apply straight away for a sole mortgage, despite the joint mortgage being refused?
Thanks!