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Getting a Mortgage - First House - 4 months Contracting

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    #31
    Martin, out of interest, in the current market, what would the lending multiple be for using 3 years worth of company account?

    I am not looking to buy at the moment, but will be upgrading at some point in the future, and my plan was to approach a lender based on 3 years worth of accounts. This information would just be good to know (with the knowledge that it may be out of date come the time I wish to buy).

    Thanks

    Comment


      #32
      Originally posted by Kelstar View Post
      Martin, out of interest, in the current market, what would the lending multiple be for using 3 years worth of company account?

      I am not looking to buy at the moment, but will be upgrading at some point in the future, and my plan was to approach a lender based on 3 years worth of accounts. This information would just be good to know (with the knowledge that it may be out of date come the time I wish to buy).

      Thanks
      Hi Kelstar

      Subject to credit score and affordability, it is possible to get upto 6X income still.

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        #33
        Thanks Martin! I certainly wouldn't be looking for that much but good to know never the less!

        Comment


          #34
          Originally posted by Kelstar View Post
          Thanks Martin! I certainly wouldn't be looking for that much but good to know never the less!
          No problems at all - delighted to be able to help.

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