Posted on 4 November 2011 by Martin
How can we buy the house that we live in? We are both on D.W.P benefits because we can not work any more. Is there a way to do it?
In theory it is possible to get a mortgage when your only income is derived from pensions and benefits, but in practice I think it will be highly unlikely.
I recommend that you speak to a local mortgage broker, amongst the usual personal details they will also need to know:
Who your landlord is?
The type of property you live in and whether there are any restrictions to it's occupancy?
A break down of how your income is derived.
The amount of any savings you have towards a deposit and costs.
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