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How much times your wage did you get lent ?
COYI123
Posts: 116 Forumite
hi hi everyone , making this thread to see how much X their wage some people have been lent , going for a mortgage soon and hoping to get at least 4.5 X 🤞🏻 Drop yours below .
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Comments
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4.75x. I had 2 jobs, partner had 1. We took the max available.0
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Well done ! We have a joint income of £54000 and I’m a plumbing and heating engineer , good credit , no debts , about £450 in bills between us a month , do you think we would get at least 4.5x ?maximoose94 said:4.75x. I had 2 jobs, partner had 1. We took the max available.0 -
4.17 x earnings of 2 incomes. Didn't take absolute maximum.0
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Joint income £67500. We took 2.69 x earnings as we didn't need to take anymore. We have taken it over a shorter term though at 15 years with the aim of clearing the mortgage debt relatively quickly.0
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Joint income of 60k and we took 3.4x. Between us there is around £15k outstanding spread across car finance, a loan and a 0% credit card so didn't want to get too high for affordability purposes. Mortgage offer is cheaper than our rent and both of us would happily stay in this house forever!0
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That’s not to bad in your case , did they tell you how much of your wage you would be able to have if you did want it ?RelievedSheff said:Joint income £67500. We took 2.69 x earnings as we didn't need to take anymore. We have taken it over a shorter term though at 15 years with the aim of clearing the mortgage debt relatively quickly.0 -
£24,000 sole income, got a mortgage of £81,000 so 3.37%.0
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I was offered 5x throughout 2019 for DIP. Ended up taking 4.7x0
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4.92x on one salary. In a 78% LTV. I'm a FTB, I had to go a bit above but had a fairly good deposit.0
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