jedentag
Registered User
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- 25
Hi There,
TL/DR - does anyone know the impact of someone being pregnant and a new dependant has on the mortgage offer?
Looking for some impartial advice.
We are mortgage approved and have an apartment to sell before we can trade up, we're currently renting with tenants in the mortgaged apartment.
My partner is expecting and due in 2 months so will be off work in a month.
I was told not to volunteer that my partner was expecting during mortgage process as that's a negative to the amount they are prepared to offer for AIP.
We have since found a property and put a fully refundable booking deposit down more in hope than expectation.
We now have contracts issued and 3 weeks (approx), before we have to sign and commit the 10% deposit with penalties if we don't go ahead.
If we could sell the apartment and use savings/mortgage we could buy the property. Realistically that's going to take 3 months and by then she won't have had any wages coming in and will have to be honest about the situation to the bank when they ask for last 2 payslips.
TL/DR - does anyone know the impact of someone being pregnant and a new dependant has on a revised mortgage offer?
TL/DR - does anyone know the impact of someone being pregnant and a new dependant has on the mortgage offer?
Looking for some impartial advice.
We are mortgage approved and have an apartment to sell before we can trade up, we're currently renting with tenants in the mortgaged apartment.
My partner is expecting and due in 2 months so will be off work in a month.
I was told not to volunteer that my partner was expecting during mortgage process as that's a negative to the amount they are prepared to offer for AIP.
We have since found a property and put a fully refundable booking deposit down more in hope than expectation.
We now have contracts issued and 3 weeks (approx), before we have to sign and commit the 10% deposit with penalties if we don't go ahead.
If we could sell the apartment and use savings/mortgage we could buy the property. Realistically that's going to take 3 months and by then she won't have had any wages coming in and will have to be honest about the situation to the bank when they ask for last 2 payslips.
TL/DR - does anyone know the impact of someone being pregnant and a new dependant has on a revised mortgage offer?