How much can I borrow for a mortgage?
Generally you can borrow:
- 4.5 x income where allowable income ≤ £50,000 p.a.
- 5 x income where allowable income > £50,000 and ≤£75,000 p.a.
- 5.75 x income where allowable income is >£75,000 p.a.
- Multiples above 4.5 x will be capped at 90% LTV