Calculate How Much You Could Borrow Towards Your New Home
Looking To Sell Your Property? Try Your Local Estate Agents
How Are Mortgage Amounts Calculated?
The amount you can borrow against a mortgage is usually based on your yearly income. Banks and building societies tend to offer 3 to 4.5 times an applicants annual salary, either on your own, or combined, if you're applying with someone else.
For example, if you earn £20000 (per year) a bank or building society is likely to offer you a mortgage of between £60000 and £95000.
In some cases banks and building societies may offer to lend a higher multiple of an applicants yearly salary, depending upon your circumstances.
Our Properties For Sale
Duke Street, Swinley, Wigan, WN1
Shirewell Rd, Orrell, Wigan WN5 SOLD STC
Glossop Way, Hindley, Wigan, WN2 SOLD STC
Storwood Close, Orrell, Wigan, WN5
Leigh Road, Hindley Green, Wigan, WN2
Moss Lane, Platt Bridge, Wigan, WN2