Hi,
I am a first time buyer but am having real difficulty with getting a mortgage.
I have reserved a new build house but this is due to expire in around 3 weeks or so.
I am a medical student who will be graduating soon and starting work in the NHS with a base salary or around £29k but a total annual salary of around £38k when unsociable hours and weekends are taken into consideration.
The mortgage broker had been really persisting and putting pressure on me to provide a letter from my employer that makes clear that I will have a guaranteed income of £38k. After a lot of effort and providing this, the mortgage broker goes to the bank (halifax) who say that they are not willing to take into consideration the additional £9k as part of their mortgage calculation. This amounts to around a £40k difference in borrowing which will likely mean that I will not be able to put a large enough deposit and therefore lose the house.
I don't really know what to do in this situation and would really value help from those more experienced in this situation.
Thanks
Submitted June 26, 2021 at 08:13AM by Abject_Bookkeeper_73 https://ift.tt/3jcXsyV
