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Mortgages - How much can I borrow?

tom.senex
tom.senex Posts: 221 Forumite
in Mortgages & endowments
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.

Comments

  • kirst
    kirst Posts: 383 Forumite
    Varies greatly from lender to lender etc, but there are some great calculators in the mortgage free wannabe section
    Funky Little Frog
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    you say "we"

    What is the other income?

    What property prices would you want to look at?
    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.
  • tom.senex
    tom.senex Posts: 221 Forumite
    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.
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