View our user-friendly fact sheets to help you make your own decisions about your mortgage today
The amount a lender will lend you depends on your income & credit commitments.
Historically lenders would use a simple multiple of your income however nowadays the majority use complex
affordability models to determine the size of the loan. These models usually consider the following…
Your income & how
guaranteed it is
How many children
Your outgoings such as
loans & credit cards
Your credit score
How many years you want
to borrow the money for
As a rough guide a typical multiple is four times your income, however if you want to borrow £100,000
with a £25,000 income but have 4 children you are less likely to be approved.