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492800

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Thrugelmir

There's no hard and fast rules. Each lender will set their own criteria depending on their target mortgage market at any given time. Salary multiples are relative when calculating affordability for a mortgage. So depends on a number of factors that depend entirely on individual circumstances along with term of mortgage etc.

Dave_Ham

492800 wrote: »

Just a quicky, but is it really possible to borrow this much?
Or what are the rules these days?

thanks

Possible not always probable and certainly not at the best rates...

Good luck

The_J

Yes it's possible, you have to have a good credit score, no commitments and a decent wage.

HappyMJ

492800 wrote: »

Just a quicky, but is it really possible to borrow this much?
Or what are the rules these days?

thanks

Yes it is possible on a fairly reasonably high income no dependants and a large deposit gained from a proven savings history and not from an inheritance or windfall with no child support due or loan or hire purchase repayments to make and on a long term such as 30 years as long as that date is not beyond your retirement date or 70 years old. There are no rules it's just up to the lender. What I've said is just guidelines as well.