FIRST TIME BUYER WITH POOR WAGE BUT GOT THE DEPOSIT...

[calum brennan 0]

Hi i want to purchase my first BTL property. I spoke with a mortgage broker and he said i will be best of waiting till i am 21 due to lack of lenders, my income is terrible but i have the deposit and my mother has a house she owns and will go guarantor, her income also isn't great around 14k a year. I am hoping the owning of a house may improve the situation... Will it?  (My mothers house is around 240k and the house i am looking at for my first BTL purchase is around 60, i don't know if this makes a difference)     Any help? or good mortgage broker suggestions? Thanks a bunch in advance.