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Mortgage help please

Mark_petty
Mark_petty Posts: 142 Forumite
in Mortgages & endowments
Hi

I have a mortgage at the moment for my current property. I'm looking at selling up at buying a bigger property.

What I would like to know is what companies offer the best multiples of your income to calculate the maximum mortgage?

Are there any compainies that don't base it on multiples and do it on affordability?

Thanks, much appreciated :)

Mark
Be ALERT - The world needs more LERTS

Comments

  • Fairdo_2
    Fairdo_2 Posts: 442 Forumite
    Several lenders deal on a combination of multiples and affordability, or affordability alone.

    Skipton, Halifax, Bank of Scotland, The Mortgage Operation, Nationwide, amonst others lend on affordability.
    I am a Mortgage Adviser
    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.
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