Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    Mortgage seeker
    Maximum mortgage multiples
    • #1
    • 12th Aug 11, 5:39 PM
    Maximum mortgage multiples 12th Aug 11 at 5:39 PM
    Hi I'm a little confused as to how to find the best mortgage.
    I'm looking at properties around 315k in London and have at least 34k for a deposit and more to cover stamp duty/fees.

    I have no outstanding debt (well 2,500 on a 0% card until Apr '12)

    My salary is around 77k and receive bonuses of 10% though I've only been in the job 2 years so this doesn't seem to count.

    Most lenders (including HSBC Advance - who I bank with) are capping what they lend at around 270k. I can more than afford the monthly payments of 1,700-2,000 as I currently save 2-2,500k a month.

    Any advice on who could offer a higher amount?

    Thanks
Page 1
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,236Posts Today

6,874Users online

Martin's Twitter