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How much could I borrow

2 replies

Summerwood1 · 19/05/2014 23:08

I'm a single mum,I earn £25,000 a year,any idea based on that figure of what price house I could buy on a mortgage?

OP posts:
AngelBaker · 20/05/2014 01:19

For a vague idea try using something like this
calculator
Or type mortgage calculator into google. A fair few banks have them to give you a general idea.

CogitoErgoSometimes · 20/05/2014 06:44

It could be worth having a meeting with your regular bank and asking the question. Lending criteria vary from bank to bank and there has been a recent change which takes into account your regular outgoings and other commitments as well as your income and credit score. I suggest your regular bank because they have access to your accounts which saves a little time

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