How much can you afford to borrow?

Being able to afford your loan now and into the future is a key concern

The primary concern when looking for a mortgage is how much can you afford to borrow and importantly how much will a lender be able to offer you. The loan amount and available deposit then define your maximum purchase price.

How much can you afford to borrow? We make sure any products we recommend
will be affordable to you.

Your mortgage adviser will ask you to complete a budget planner and will talk through this with you to ensure the figures for income and expenditure are realistic. This will clearly outline how much you can afford to spend each month on your mortgage and help to highlight potential savings you may be able to make.

Your mortgage payment is likely to take a big portion of your monthly income and so it is important that both you, and the mortgage adviser, are happy that the amounts in the budget planner and the amount you are borrowing are realistic and manageable, both now and in the event of changing circumstances in the future, such as an increase in interest rates.


Contact us today on 01392 927327 or fill out our handy Online Enquiry Form to get started.