Need to borrow more?

Lending limits are carefully set to protect both the lender and the borrower.

If you are sure your income will increase, like a guaranteed pay rise, a lender may take this into consideration.

A family member may be able to act as guarantor, which means they will agree to repay the mortgage if you are unable to do so.

No proof of income
Some people find it difficult to prove how much they actually earn, maybe because they are self employed and have only been in business for a year or two. Self certification or special status mortgages can overcome this problem. You will need to put down a bigger deposit to enable you to self certify, the interest rate may be higher too.

As stated elsewhere within this website, these notes should only be used as an initial guide. We would strongly encourage you to contact us before you find a property so that we can give you specific advice and make sure that you are looking for a property that is realistically within the scope of what’s affordable given your individual circumstances.