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Mortgages - How much can I borrow?

tom.senex
Posts: 221 Forumite
We have quite a large deposit, 30K plus.
I am on £27,252 though this is pro rata 21hours p/w part time 1 year fixed term contract - full time is 35 hours. We're looking to buy in London.
Also, am in the process of applying for 2nd pt job (2 days a week) also paying around £27k - pro rata.
I am on £27,252 though this is pro rata 21hours p/w part time 1 year fixed term contract - full time is 35 hours. We're looking to buy in London.
Also, am in the process of applying for 2nd pt job (2 days a week) also paying around £27k - pro rata.
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Comments
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Varies greatly from lender to lender etc, but there are some great calculators in the mortgage free wannabe sectionFunky Little Frog0
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you say "we"
What is the other income?
What property prices would you want to look at?I am a Mortgage AdviserYou 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.0 -
my other half has no stable income at the moment so am not taking that into account although she will contribute to monthly payments say £150-£200.
I am looking for properties around £160-170K and may be able to source difference from relatives.0
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