Before the property crash of 2007/08, you were often able to take out a 95% mortgage and borrow up to five times your salary. In the current environment, lenders have a much stricter criteria.
Good credit record
You need a clean credit file, with a good record for paying bills, rent and other borrowing, like loans and credit cards, on time. You should make sure you're registered on the electoral roll.
Sufficient income
Even if you have the minimum 5% deposit required for a 95% mortgage, you still need to have sufficient earnings to qualify for the loan. As a broad rule of thumb, banks and building societies will lend you between three and four times your salary if you're buying a property on your own, and 2.5 times your combined salary if you're buying with a partner.
So, if you want to buy a home valued at £200,000 and have the required £10,000, 5% deposit, you'd probably need a salary of around £48,000, or a combined salary of £76,000 for a couple.
Affordability testing
In reality, few lenders use crude salary multiples to approve loans. Instead, most banks and building societies look at how affordable the loan will be for you, taking into consideration all of your income and outgoings and other debts.
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