Mortgage application

[Rik1087]

jamesbrown thanks for the reply.

I guess the deposit wasn’t on my radar, as our equity will essentially be used for the deposit.
I guess it was more in relation to the lender doing the usual checks around affordability. When I did the conventional route when perm, the lender (Nationwide)...

[Rik1087]

Hi Guys,

just after advice from those that have been through a mortgage application whilst contracting.

the process as explained to me by several brokers who specialise in contractors, has been day rate x5, x46 weeks = X and then multiplied by 4 or 4.2 etc.

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