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Dee

 posted on 12th Jun 07 at 11:35

Abbey are now doing a 100% mortgage with no HLC and offer up to 5 times salary.

Its tempting, very tempting.


SAL

 posted on 12th Jun 07 at 09:27

i thimk i am goin to do a joint morgage if anything


Colin

 posted on 9th Jun 07 at 19:36

Some financial advisors services are free.


Whittie

 posted on 9th Jun 07 at 19:29

Yeah a financial advisor would be my best bet to be fair, just trying to keep costs down wherever possible :lol:


Colin

 posted on 9th Jun 07 at 19:09

For a 95% mortgage (which os about the norm for 1st time buyer - to get a good rate) you would need to put down 6k


Colin

 posted on 9th Jun 07 at 19:07

Normally get 4x your net income.

So for 120k you'll need to be earning around £30k a year pre-tax.

£10k sounds alot but will soon be gone with deposit & fees etc

Your best to see a financial advisor, they will be able to tell you whats possible!!


Whittie

 posted on 9th Jun 07 at 18:50

£1500 a month earnings

Around £10000 to put down on a property, would that be enough to get a mortgage :boggle: What would be the least money that you could put down on a deposit and borrow around £120k?

Would need around £120,000, for a first home, flat / studio / appartment

Thanks for any help