How much can I borrow for a mortgage?
Generally you can borrow:
- 4.5 x income where allowable income ≤ £40,000 p.a.
- 5 x income where allowable income >£40,000 and ≤£60,000 p.a.
- 5.75 x income where allowable income is >£60,000 p.a.
- Multiples above 4.5 x will be capped at 90% LTV