FTBs - what is your affordability like?

[Playgrind]

First time buyer here with low % deposit, all poised to move before interest rates went crazy.

My mortgage in principal has expired so about to contact my mortgage advisor to see what we could borrow, bur an online estimation was half our original amount! Really hoping this isn't the case as I can't see us ever buying if so...

How has your borrowing amount been impacted by rates jumping up in the last 2 months?

Not sure about FTB, but when we remortgaged 3 weeks ago there was a figure of how much (in theory, I suppose) they'd lend us. It was still pretty hefty, 300K+.

I've just plugged our earnings into Nationwide online calculator and they are the same as have been for months....
I would try Nationwide as they have very generous lending amounts : )

Hmmm, I guess this is partly my
Answer, explains the increase in monthly payments at 2% and 6%