What proportion of your income goes on the mortgage?

[Riddlediddle]

We are due to remortgage shortly so im just looking into all of our money matters. Seems as though our mortgage is approx 13% of our monthly take home pay (£390 mortgage a month vs combined take home pay of £2900). I would assume that will give me access to a pretty decent number of lenders? Is that around thr norm? We also have approx 66% equity so im hoping that also helps with access to deals. Am i better to source my own remortgage via somewhere like martin lewis site or go to a broker?

Am currently remortgaging too. I went to two brokers (one of whom I used successfully before) whoever I managed to find lots of mortgages with lower rates online myself through the price comparison sites. If you have clean credit history, consistent pay slips and bank statements I would say do it yourself.

Ours is around 20% of joint take home pay. Unless anything is seriously adrift, big debts, bankruptcy etc, you should easily pass the affordability requirements on those sort of numbers & be able to borrow the maximum salary multiple available.
66% equity will put you in the lowest LTV band for most lenders (LTV less than 60%) so yes, you will be offered the best rates.

With a new lender, you’ll need to do a whole new mortgage application.

I’d start with the existing lender as that’s much more straightforward.

If you decide to change, the new lender will look at LTV, mortgage amount vs your income, employment as well as your other outgoings.

I have just moved jobs so that may complicate things a little but I have moved into public sevices so i guess my new role would be considered fairly secure by the banks.
We want to borrow 66k on a joint annual salary of 46k so im hoping I'll be able to find a decent deal myself online x