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Mortgage Multipliers

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trevorbell
trevorbell Posts: 2 Newbie
in Mortgages & endowments
Hi All,

Does anyone know they best company with the highest Mortgage Multiplier ? i am looking at remortgage but need 5x joint salary, and also a main stream rate around 5 to 5.50%

Thanks

Trev

Comments

  • dougk_2
    dougk_2 Posts: 1,403 Forumite
    I know abbey will do up to 4.2 x joint salary - 5 x joint is probably a bit too much.
    Also it will depend on the amount of deposit you have.

    You could try IF, Standard Life Bank and Direct Line, but I wouldn't be too hopeful!
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    high multiples of income may be considered more affordable by some lenders to someone on £200K pa than someone on £20K pa

    --

    the bigger the deposit the the higher the multipes that may be offered
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
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