This is a question that many people ask, and can only be answered in general terms, because everyone’s situation is different.
If you are in regular full time employment with a good credit history and a deposit you are very likely to get a mortgage.
How much you can borrow depends on your income, or incomes if buying a property with a partner.
Typically you can borrow three to four times your income, and if joint up to 4 times primary income plus 1 times secondary income. Another major factor on the amount you can borrow is the size of deposit you can put down.
A higher deposit should also mean that you can secure a lower interest rate on your mortgage, because the mortgage lender in effect is taking less of a risk.
An Independent mortgage broker will be able to advise you on the most suitable deal for your individual circumstances.
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