salary needed for mortgage?

thelawww

Hi all Money Saving Experts - hope everyone is ok!

Anyway I have been pondering the following possible scenarios and if I have any hope of obtaining a mortgage in Summer 2013. Currently saving on a Nationwide "Save to Buy" scheme every month and have been for last 6 months, under this scheme you can possibly obtain a 5% deposit mortgage if you meet the criteria etc etc.

Scenario 1 (grim reality at moment)-
Deposit £13K
My annual income £12k
Partners annual income £0

Scenario 2 (drifting into dreamworld)-
Deposit £13k
My annual income £12k
Partners annual income £21k

Scenario 3 (hallucinating with hope)
Deposit £13K
My annual income £21K
Partners annual income £21k

Obviously scenario 2 and 3 are better but would a mortage provider look at a 12K salary or are they more bothered about affordability and job stability? From my calculations Scenario 1 would only give me a mortgage of £48 (+£13k deposit) = 61k house (rare as rocking horse do do).
Basically I enjoy my job and its relatively secure but only 12k a year (despite being a postgraduate). Please help, thankyou all

opinions4u

If you want a more expensive house you'll need:

1) More income and/or
2) More deposit

Rather than confine yourself to one mortgage deal I'd look to save up a bigger deposit. This will give you access to a cheaper deal and there's a reasonable chance your income will rise and house prices drop a little in the same timescale.

Patience and saving.

_Andy_

What is your partner's income? Is it £0 or £21k, your post is a bit odd frankly.
how is your income going to jump from £12k to £21k?

xyellowx

if you can boost your joint anual income by 30k surely you can add to your deposit ?