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Can I get a morgage?

Hi everyone,

Would anyone know what sort of salary and deposit I need to get morgage on £110k?
And where can I find info on buying a share of property? If it is worth it? Will I be able to rent it?

Comments

  • Kezza25_2
    Kezza25_2 Posts: 271 Forumite
    you can get 100% mortgages and you can borrow aroudn x4 x5 your salary.

    go to the nationwide and halifax websites, that'll give you a rough idea of what you can borrow.
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  • mm_28
    mm_28 Posts: 2 Newbie
    what about if I have deposit of £10k, and want property worth min £100k (it is very expensive area where I live), what salary do I need to have?
  • Kezza25_2
    Kezza25_2 Posts: 271 Forumite
    again, it depends but about 25k a year without lots of other commitments should do it.

    best to check the websites mentioned above though
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