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Best multiple vs.Salary - First Time Buyers

Hi All,

My own bank - HSBC seems to have the best rate for a 10% deposit mortgage - I may be wrong though.

Yet it only offers 3.5 x my salary.

Has anyone else been offered better multiples? if so by whom?

Thanks,

James

Comments

  • Halifax are offering me 4.5 x my salary on a 25% deposit. I think they originally offered me more, but affordability and deposit mean I am going for 4.5 x.
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