We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Self Build Mortgage - income multiple?

Options

marginex Posts: 111 Forumite

9 July 2019 at 10:55PM edited 9 July 2019 at 10:57PM in Mortgages & endowments

Hi,

Anyone recently taken out a self build mortgage? Im curious to know if the same income multiple is applied when working out borrowing limits, is it generally inline with a standard residential mortgage? So 4.5 for instance?

It will be my wife and myself applying.

Thanks :-)

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

British Airways passenger? Book and travel using your old Covid vouchers NOW – or lose them
If you had a British Airways (BA) flight or holiday disrupted by the Covid-19 pandemic, check if you've got an old voucher as millions of pounds' worth are still unclaimed. You'll need to use it to travel before the end of September 2025 – or risk losing it. Below we explain how to search for unused vouchers and how to use them.

View All

Self Build Mortgage - income multiple?

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free