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How much can I borrow? This is the most commonly asked question , and does not have an easy answer. Different lenders do adopt different policies, and this can range from perhaps 3 times main salary plus one second salary to something like 4 or in extreme cases 4.5 times joint salary. Lenders also make adjustments for credit outgoings. Also some lenders include overtime, some don't, some include tax credits, some don't and so on.. In addition some lenders, to help higher income earners, adopt rules based on net pay and the individual household outgoings. So our advice is really to drop us a line or call us - we will be able to work out the maximum borrowing limits for you based on your individual circumstances In the end though it all boils down to your own feelings of what is affordable and what is not. Please call Lincoln office on 01522 839540 Retford office on 01777 862562
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