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Corsa Sport » Message Board » Off Day » House Day » Mortgages? » Post Reply
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John_C |
posted on 20th Jul 05 at 17:09 |
can get up to 5x if you have a guarantor. maybe be able to get more if you self certificate . up to 125k lenders don't ask to see wage slips so can bend the rules a bit. get a broker too. | |
Ojc |
posted on 20th Jul 05 at 15:48 |
RBS own the world, but you don't own us. | |
Kerry |
posted on 20th Jul 05 at 15:40 |
One Account dont :P | |
Ojc |
posted on 20th Jul 05 at 15:39 |
Natwest do guarantor mortgages. | |
Kerry |
posted on 20th Jul 05 at 14:53 |
quote: not all lenders do gaurantour (sp) mortgages and those that do the rate is generally higher due to high risk lend | |
ryansss |
posted on 20th Jul 05 at 08:53 |
Hmmm, shed from b&q me thinks. | |
3CorsaMeal |
posted on 20th Jul 05 at 08:36 |
buy penny sweets in bulk and sell them on to make profit | |
Ojc |
posted on 20th Jul 05 at 08:31 |
quote: Spot on Nik, don't bother using the 3x annual salary multiples its more of a case nowdays if you can afford it they will lend it. | |
3CorsaMeal |
posted on 20th Jul 05 at 08:28 |
Can use parents as an guarantour (SP) and get lots more | |
Skinz |
posted on 20th Jul 05 at 08:21 |
is that when the supply of drugs is plentiful that year nik :boggle: | |
nik |
posted on 20th Jul 05 at 08:20 |
I got x5 my salary although my salary can in effect reach my mortgage each year on a good year. I did put a large deposit down though. As people say there are no guidelines really, it's all worked out on a number of variables. | |
Kerry |
posted on 19th Jul 05 at 20:42 |
quote: income and deposit, yes the type of rate, no [Edited on 19-07-2005 by Kerry] | |
bradfincham |
posted on 19th Jul 05 at 20:41 |
depends on income, deposit, fixed or variable!! | |
Kerry |
posted on 19th Jul 05 at 20:39 |
it will on average be one of the following | |
Skinz |
posted on 19th Jul 05 at 20:35 |
quote: what your multiplier? ed we are talking about combined wage with the GF here | |
vibrio |
posted on 19th Jul 05 at 20:34 |
mine was 2.894 :lol: | |
ed |
posted on 19th Jul 05 at 20:33 |
Average income, £22k x 4 = £88k. There is no way I could get a house round here for £88k, probably couldn't even get a car for that from the local garage :lol: | |
Kerry |
posted on 19th Jul 05 at 20:31 |
lenders look at each case individually it depends on lots of factors | |
Skinz |
posted on 19th Jul 05 at 20:25 |
anyone know of a lender that does 4x ?? 3x is stupid for the average wages these days | |
corb |
posted on 19th Jul 05 at 20:23 |
various between mortgage lenders as i understand it. | |
Skinz |
posted on 19th Jul 05 at 20:18 |
What is the current multiplier of wages? i thought it was 4x your current wage? i know it used ot be 3x but im sure they upped it to 4x |