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What do they look for in affordability checks?
Hanger_boy89
Posts: 118 Forumite
Just out of interest - is it essentially just looking at your outgoings and making sure you can meet the monthly repayments? Or do they look for evidence of saving etc?
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Comments
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Income v expenditure.
Savings isn't included.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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