quick question regarding mortgages . . .

Discussion in 'Bulletin Board ARCHIVE' started by Jimmy Red, Sep 22, 2007.

  1. Jim

    Jimmy Red New Member

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    does anyone know off hand how many time your salery you can borrow.</p>

    i know it used to 3 and a half but not sure what it is now.</p>

    any ideas???</p>

    cheers in advance.:) </p>
     
  2. EastStander

    EastStander Active Member

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    Depends on the lender nt
     
  3. Gue

    Guest Guest

    Can often get 4x

    these days..... Thank goodness :)
     
  4. Che

    Chef Tyke Well-Known Member

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    depends mate - yorkshire building society are very flexible - they will look at your incomings / outgoings and take a more pragmatic approach rather than just looking at your wages.

    i recommend them :)
     
  5. Gue

    Guest Guest

    I'd recommend shopping around.....

    There are some good deals around if you don't mind a bit of a trawl on the internet.

    Some good discount flexible mortgages.
     
  6. dod

    doddy Active Member

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    i agree with chef tyke

    i got mine thru the Penistone Branch and the manager went thru evrything with a fine tooth comb, all my incomings and outgoings and then work out how much i would have spare and then work out how much i could borrow

    they get the thumbs up from me
     
  7. Jim

    Jimmy Red New Member

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    Cheers all!!!

    much appreciated :) (Y) (Y) (Y) (Y) (Y) </p>
     
  8. gingerwizard

    gingerwizard Member

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    be quick as the best deals are going fast and the market is closing up due to the sub prime fiasco in the states,some lenders will lend up 5x,some dont even go on salary just ability to pay,but times running out now.
     

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