Borrowing amount

[vixsta2001]

Looking to move house and add to current mortgage. Has anyone been offered more than 4.5x income? If so, what was the max amount they would lend and what was the requirements for that? Did they focus on age/debt/earnings?

Yes we were offered x6 our annual income (not that we used that!), but it was due to earnings above 100k P/A from memory

X6! Wow I’ve never heard of that before. I don’t want to borrow so much that we struggle but it’s a nightmare trying to get anywhere half decent without a big mortgage!

My wife and I were offered 8 times combined income due to high salaries with very secure jobs and and a large deposit (loan to value). We would have struggled to repay it