imlach

Anyone know of any lenders who are prepared to lend more than 2.75 times joint salary?

I don't want much more - maybe 3 times joint salary, but just want to know those companies that do this sort of thing???

Anyone any experience?

JohnH#2

Have just secured 4.5x from Abbey National through their Specialised lending dept (plus 1.5x on existing mortgage while we bridge). Admittedly we have 30% deposit and the mortgage is quite large. Applied through my normal IFA. Nationwide will also consider this sort of lending.

Hope this helps

John

imlach

OK, I'm with Nationwide, so will ask them.
My deposit will be 30% probably as well.

Were there any special conditions put on it?

The Zohan

Talk to Mike Jeffery on 01530 563750 He is 'the business' and i am sure will be able to help you out, can thoroughly recommend him.

Paul

JohnH#2

Account will be transferred to Head Office for admin reasons!

No letting plus some stuff relating to bridging finance.

So no, not really.

Yex

Imlach,

Have a chat with a real good friend of mine. His name is Pete Bruce and he is a senior partner of The Bruce Colquhoun Partnership in Glasgow, you can get him on 0141 221 1100. He arranges mortgages, pensions, investmetns etc for a living and is very good at it. With the contacts he has in the industry he should be able to sort you out, plus you get straight talking with no salesman bullsh1t.

Tell him I sent you.

Yex

paul w

Check out

Marc W

Imlach

Nationwide were willing to lend us about 3.25 joint salaries.