Hello! I’m a regular viewer to this forum, as there’s so much good advice and interesting chat, but I’ve only just got around to registering for an account.
Having saved for a deposit for several years, I’ve finally been able to put an offer on a flat in London. I’m slightly terrified about the whole thing, as it has been quite a struggle to get to this point - so any advice is appreciated.
I’ve had my mortgage offer through for a 30 year from Barclays. I was very limited in choice, as my income isn’t entirely straight forward - so have ended up with a rate of 2.12%. Interested to hear whether you think that’s quite high at the moment (variable 2 yr)? My deposit is 23%. I’m full Monzo, and having read a couple of posts about Barclays not accepting Monzo, I’m a bit worried - but maybe that came up pre-offer?
I’m also very keen to keen how long it normally takes from draft contract to exchange/completion? This is the stage I’m at, and searches have only just been submitted.
Any advice or ‘things you wish you’d known’ before would be appreciated