We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
I know multiples are old hat but..
Options
Penniesdontmakeyourich
Posts: 15 Forumite
What would we be looking at roughly? I work part time and earn £17000, my husband earns £13000 and we have one dependant. Would the child benefit we get count as income?
We don't have any other debts, just the regular outgoings - phone bills, gas and elec, insurances, petrol (we run 2 cars) food etc.
Any thoughts on what sort of mortgage we may get with these new rules, never had any bad credit ever and have had a mortgage for 5 years along with car loans previously and credit cards, all paid timeously so I'm sure credit scoring won't be a problem.
We don't have any other debts, just the regular outgoings - phone bills, gas and elec, insurances, petrol (we run 2 cars) food etc.
Any thoughts on what sort of mortgage we may get with these new rules, never had any bad credit ever and have had a mortgage for 5 years along with car loans previously and credit cards, all paid timeously so I'm sure credit scoring won't be a problem.
0
Comments
-
How much do you want?
Try some lender affordability calculators or engage a broker.
How much deposit do you have?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 -
A gifted deposit of £15k, we can add our savings to have £20k if required. Not sure yet, we are really just looking to find out what sort of price range we could look at. I had tried a few online calculators but I wasn't sure how up to date they were. Thanks.0
-
4-4.5x income - maybe less.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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards