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MORTGAGE - HOW MUCH CAN I BORROW?

This calculator has been designed to show the likely maximum amount that you could qualify for under most lenders normal lending criteria. Any figures are produced for guidance purposes only and do not represent a quotation of the final amount that you will be able to borrow. All mortgage loans depend upon the valuation of the property and the lender's own criteria. In most circumstances lender's will require proof of your income. Some lenders may carry out credit checks.

Your salary/earnings (£)
Partners salary earnings (£)
   
Based upon the earnings shown
above you could borrow:

This calculator has been provided for your guidance only and will depend on the individual applicants salary and does not take in to consideration any loans or credit card payments that the applicant may be committed to.

Its use does not represent any offer of a mortgage advance.

If you are seeking a mortgage loan, then you must make a formal application to an appropriate mortgage lender through Crawford Scott.
The lender will consider your application in accordance with their lending criteria.
For more information regarding this call us now on 01702 557407

Mortgage loans are normally subject to a formal valuation of the property and proof of your earnings.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

House Prices

As at Oct/08
Avg. £168,176 
Annual Change -13.70%

Monthly change -2.20%
Src: Halifax Group

Bank Base Rates

As at Nov/08
Rate 3.00%  

Monthly change 1.50%
Src: Bank of Eng.

Retail Prices

As at Sept/08
Index 5.20%  
Src: HM Treasury

FTSE 250

FTSE 100