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mortgage multiples

03022242
03022242 Posts: 354 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
edited 16 January 2012 at 8:51PM in Mortgages & endowments
who offers the best..

ive looked in to first direct, who else offers similar levels of salary multilpes? between 4 and 5

my ltv will be about 72%, FTB
Named after my cat, picture coming shortly

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Affordability is a variable.

    What multiple are you hoping to obtain?
  • 03022242
    03022242 Posts: 354 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    first direct offer 4.5x, i dont have any other outoings such as loans, cc bills, etc etc clean credit history
    Named after my cat, picture coming shortly
  • samlee0211
    samlee0211 Posts: 35 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    santander offer 5x salaries
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    03022242 wrote: »
    first direct offer 4.5x, i dont have any other outoings such as loans, cc bills, etc etc clean credit history

    Have you had a mortgage offer? Or just their online calculator?
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    The maximum you can get is 5 times really, with a handful of lenders.

    However, whether or not you get that level will depend on the actual details of your application, and what score you get with the chosen lender.
    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.
This discussion has been closed.
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