How much can I borrow is often the first question we are asked from clients. Ultimately whether you are buying, as a First time Buyer or moving home or perhaps looking to remortgage for a better product or raise additional funds, this question is always valid.
Lenders will asses how much you can borrow in multiple ways, and then as a broker, once we know how much you can borrow we can then start to look into the cheapest ways of getting the funds you need.
This video includes tips on:
• What is affordability?
• How affordability is calculated.
• What are income multiples?
• How disposable income affects the calculations.
• Examples of how you can figure out your maximum borrowing.
If you would like fee free advice: Call on 01225 690 120
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Crescent Mortgages are a fee free broker
CRESCENT MORTGAGES ARE NOT QUALIFIED TAX ADVISERS AND DO NOT GIVE TAX ADVICE.
WARNING - YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Crescent Mortgages is an appointed representative of PRIMIS Mortgage Network PRIMIS Mortgage Network is a trading style of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Conduct Authority.
