How Much Can I Borrow

Let us find the juiciest quote for you

How much can I borrow on a mortgage will be one of the first questions you ask yourself when buying or moving home.

How much can I borrow?

How much you can borrow depends on your income and whether you want to buy the property with someone else. The exact amount you can borrow on a mortgage will depend on individual circumstances and the figure we provide will be an indication only. Why not give us a call on 0845 603 1525 to speak with a professional mortgage expert and obtain a personal illustration.

The methods used to calculate how much you can borrow

Mortgage lenders calculate the mortgage to offer you based on either income multipliers or on affordability.

Using multipliers, lenders will typically let you borrow 3 times a single income or 2.5 times for joint income applications when multiplying your income.

Try out our Mortgage Calculators to get an idea of how much you can borrow.

Affordability based calculations are more complex and consider your net income against monthly outgoings, therefore we always recommend you contact us to complete an accurate budget planner and we can provide advice on the maximum mortgage available for your individual circumstances.

There are lots of different mortgage calculators available, however all these calculators have their limitations. Instead you can use our mortgage search wizard to find out in simple easy steps the rates, mortgages and real options available to you.

The mortgage search wizard takes you through many similar questions that are required when taking a mortgage, but most exiting of all gives you real time feedback on real mortgage products that are available. Go beyond a calculator, use the mortgage search wizard instead!

Call us on 0845 603 1525 for a FREE consultation with one of our friendly and experienced consultants. We are more than happy to discuss your situation and help you choose the best mortgage type to suit your needs.