which mortgage providers lend more?

pertinacious

I need a mortgage for 4 (or close to 4) times my salary to be able to afford a half way decent home where I want to live.(FTB)

Trawling through some providers websites gives varying results some state only 3 times income, some provide natty calculators to give that same result, the odd one will lend almost 4x (using a natty calculator again!) but their mortgages are crap!, however the vast majority of sites dont say one way or the other how much they will lend!!! Which is piggin annoying.

Which lenders lend the most/what Im after? Can u help? Ta.

FYI : No Im not looking to overstretch myself, have secure job and good chance of promotion/wage rise. Plus 20k ish deposit. I know the type of mortgage Im after and what I can afford just cant tell online if theyll give me the money.

BTW gets a bit addictive on here Im switchin current accounts, moving credit card providers and bartering for disconted holidays all over the place.
Typical just as Im down to one AA meeting a year too. :eek:

stratford_2

I'm in a similar position except it's going to be my second property. I've found that Abbey will go up to 4.2 X and Intellignet Finance (IF - part of Halifax) up to 4.25. Otherwise you start to need specialists and brokers. Hope that helps.

herbiesjp

Just to confuse the issue a little - there are lenders that state an income multiple, but may have the flexibility to agree a case outside that criteria depending on the case being put forward. Other lenders lend based on an affordability calculation.

The one important thing is to not over stretch yourself financially, and make sure it is affordable to you now, but also in the future.