Moving home drop in income

Donce

Hi can any one advise me I selling my house  510k buying new 470k balance on mortgage 150k joint income 30k. Still in fixed rate deal till 2026 . 2 kids No credit cards or loans .I want to port the mortgage but it’s like new application with Barclays ,what a the chances for Barclays to decline and keep me in current property? 

Thanks in advance for all info 

Thrugelmir

Have you tried Barclays online affordability calculator to give you a guide as to how much they would potentially advance you. 

Donce

Thrugelmir said:

Have you tried Barclays online affordability calculator to give you a guide as to how much they would potentially advance you. 

Did that on standard Barclays calculator they will lend 157k then tried on Barclays intermediary calculator  only 135k 

MinuteNoodles

4.5x joint income is the maximum in virtually all cases that all but a few lenders will lend so £135k.

Donce

MinuteNoodles said:

4.5x joint income is the maximum in virtually all cases that all but a few lenders will lend so £135k.

Is that including council tax bills ?