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How much can I borrow ?
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illiterate_monkey
Posts: 60 Forumite
Hello All
Ive got my eyes on a house which is £900,000
How much deposit would i need ? Annual income is in the range of £250,000.
What sort of interest rate would i be lookin at ?
Many Thanks
Ive got my eyes on a house which is £900,000
How much deposit would i need ? Annual income is in the range of £250,000.
What sort of interest rate would i be lookin at ?
Many Thanks
0
Comments
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With an income of a quarter of a million pounds a year, your accountant should be able to tell you, surely??"You were only supposed to blow the bl**dy doors off!!"0
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whatever the going rates are for 75%ish LTV???
what do you do to earn a mere £250k?0 -
Euphoria1z wrote: »whatever the going rates are for 75%ish LTV???
what do you do to earn a mere £250k?
An MP ?????"You were only supposed to blow the bl**dy doors off!!"0 -
i run post offices and shops, most part of my income is legit.Euphoria1z wrote: »whatever the going rates are for 75%ish LTV???
what do you do to earn a mere £250k?
WHAT IS LTV ?0 -
i just thought ill look at ongoing lending conditions and wasnt really sure if they still lend.maninthestreet wrote: »With an income of a quarter of a million pounds a year, your accountant should be able to tell you, surely??0 -
Most part of the income is legit? What is that supposed to mean.
How much of a deposit do you have?I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
illiterate_monkey wrote: »i run post offices and shops, most part of my income is legit.
most of it is legit?!2011 wins: £481Eleventh Heaven: 1 2 3 4 5 6 7 8 9 10 110 -
Your question: "How much can I borrow?" Ignoring your "alleged" annual income, I am going to go by your credit limit on your barclaycard. You state in this thread that your limit has been reduced from £1k to £550. My answer: I would guess at about tuppence ha'penny.
http://forums.moneysavingexpert.com/showthread.html?t=1567379&highlight=We could all learn a little something from the weather. It pays no attention to criticism.0 -
lol he's prob a little kiddie. No offence but in your other post if you really bring home 250k you would not worry about £8-£12 and phone customer services...........
If im wrong then spank me down but with a balance of £456 (or watever it was in the other thread) i think someone is telling porky pies.0 -
I think it is a wind up thread, don't you all? No one in their right mind would say "most of my income is legit"!!!!!Spring into Spring 2015 - 0.7/12lb0
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