Mortgage possibilities?

artsfutures

Hello, does anyone have recommendations for a mortgage broker who understands disabilities, benefits and can advise Re mortgage possibilities? 

woodbine

hi @artsfutures how are you today? Mortgages are difficult at the moment as many lenders have tightened up their lending criteria, and its never been easy to get a mortgage if your only income is benefits.
The only suggestion I have is to find what is known as a "whole of market broker" they have access to a wider range of products than other brokers.
A lot will depend on the size of deposit you have as well, with the best deals available to those with a 40% deposit.

artsfutures

Thank you very much indeed for your reply. YEs, I wondered if anyone knew of a particular firm, used to working on mortgages for those on benefits due to disability.
All so very helpful.
Best wishes

Ross_Alumni

I have no knowledge in this area personally @artsfutures, but have you sought professional financial advice for this?

Dack1967

Hi this is what I’m looking for I have no mortgage it’s paid just looking to get enough to buy husband out then I can stay here as I say I’m not fit to move I’m very ill at the moment wanted me into hospital I refused I got treated for my mental health at home but said I need to see psychiatrist I have PTSD with my ex the things I can’t mention on here as they are off a certain nature he done to me on a regular basis abd also my grown up daughter I just want to buy him out be mortgage for 40000 to pay him off get court case over divorce that it done completley he’s a narcissist but say that he left me like a empty shell they always have there next victim lined up which he had xxxxxxxxx

poppy123456

Dack1967 said:

Hi this is what I’m looking for I have no mortgage it’s paid just looking to get enough to buy husband out then I can stay here as I say I’m not fit to move I’m very ill at the moment wanted me into hospital I refused I got treated for my mental health at home but said I need to see psychiatrist I have PTSD with my ex the things I can’t mention on here as they are off a certain nature he done to me on a regular basis abd also my grown up daughter I just want to buy him out be mortgage for 40000 to pay him off get court case over divorce that it done completley he’s a narcissist but say that he left me like a empty shell they always have there next victim lined up which he had xxxxxxxxx

HI,

It can be very difficult to get a mortgage if you're not working. I don't personally know of anywhere that you can successfully get a mortgage if claiming benefits. It will also depend on your personal circumstances and afordability.

Good luck.

woodbine

@Dack1967 just a thought does your grown up daughter work and live with you? if so a joint mortgage might be the answer, but as above "a whole of market" broker might be a good place to start.

Dack1967

Thank you a thank you everyone a few good tips I’ve been given on here great sire forum etc I certainly will be joining in on things on the site brilliant thank you all very much fingers crossed xxxxxxxx

bedBug98

Hi I was in very similar circumstances to yourself but we had to move. luckily I found a broker who was excellent at Sirius finance Drew or Adam and they were able to get me a mortgage on benefits give them a ring Good luck with this and your health issues

artsfutures

Thank you so very much

artsfutures

 Hello - I gave them a call. We’ll see!! But very very very super grateful for the recommendation. Very best wishes, stay well. 

bedBug98

Thats great I borrowed double what you need over 12 years as I will be 70 then and that seems to be the maximum 
fingers x for you 

artsfutures

Such good news for you ... I called them and await a call back. So grateful. Though ... we really are xtra outside the box!!!

bedBug98

Another company that deals with mortgages for people on benefits 
Together Finance 
[Removed by moderator - phone number]
just remember they all charge a fee 
Good luck 

Tori_Scope

Hi @bedBug98! I hope you're well. Just to make you aware, I've removed the phone number from your post as it breaks our community guidelines. 

Thank you for offering advice to artsfutures though! 

bedBug98

That’s ok 
thanks for the info