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Fixed Mortgage x5 Salary ?

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Hi,

I'm wanting to re mortgage using a fixed rate deal, probably for 5 years.
My problem is finding one that will offer the deal on x5 my annual salary.

Can anyone enlighten me towards companies that possibly would offer this kind of deal.

Thanks.

Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Well it depends on many factors such as size of deposit, how long in job, your job category etc, but Woolwich can consider 5 x income for A1 top notch applicants. C&G have gone to 5 x income.

    You need to ensure you answer questions in the same vein as you would write a CV - to put you in best possible light. Think about the job title you use, what sector you work in, give landline phone numbers etc.
  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Have you asked your current lender if they have any deals available to you?
    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.
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