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Salary Calculator
TelBoy
Posts: 6 Forumite
Hi
I am trying to find out who is offering the highest salary calculator at the moment. Woolwich were saying 5 times on their website but I phoned up and that is only if you bank with Barclays.
I bank with Nationwide who offer 4.1 times and will have at least a 30% deposit.
I am trying to find out who is offering the highest salary calculator at the moment. Woolwich were saying 5 times on their website but I phoned up and that is only if you bank with Barclays.
I bank with Nationwide who offer 4.1 times and will have at least a 30% deposit.
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Comments
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You'll find 5x is the highest - how much do you actually feel you need?0
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I am on £17k and would like £85k if possible. £75k would be ideal which is 4.4 times salary.0
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Other factors will impact on the income multiple i.e.any other debts, any dependents, other people living in the property, credit history.I am a Mortgage AdviserYou 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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Tried the Nationwdie calculator? I was pleasantly surprised at the amount they would lend me.Squish0
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I tried the Nationwide as I bank with them, it was a rigid 4.1 times. I even phoned them up last night and there is no movement on this figure.0
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Telboy I always find Principality useful for income stretches , 5 times income and dont knock any off if you have children.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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