hi there
myself and my partner are hoping to get a place of our own asap
i work in a financial institution but not a bank or building society ,earning aprox 25000 inc bonus . my partner works in a trade recently qualified and is now earning 16000 per annum plus commission which would average about 1200 per month. this is only a recent change in pay scale for him . what do we do next , how long should we wait to apply for a mortgage now his wages has improved
A very close family friend has offered to go garantor for us if we need is this possible .
we would be hoping to borrow 300,000 . we do not require a 100% mortgage as we have savings to cover the other percentage .
any advise would be very helpful.