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highest lending amount against income ?
alanco15
Posts: 275 Forumite
hi, what is the best we could hope for at the moment, calculating what we can borrow regarding income, i know it has fluctuated between x3 and x6 over the last few years but what is it like at the moment,
thanks all
thanks all
you go in the cage ! cage goes in the water ! sharks in the water ! our shark :eek:
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Comments
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Probably 5x depending on credit scoring and deposit, obviously not a great idea to stretch yourselves too far though.0
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Will depend on what income level you are on, loan to value. Lower the income less multiples, it will also vary as well if you have any other credit commitments or dependants.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
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