Mortgage Loans

In general terms, you will need a mortgage loan to enable you to buy a property. A mortgage lender will usually be willing to lend you between three and four times your gross salary, but these days and multiples of up to nine times are... [more]

In general terms, you will need a mortgage loan to enable you to buy a property. A mortgage lender will usually be willing to lend you between three and four times your gross salary, but these days and multiples of up to nine times are not unheard of, but that is extreme. A loan of over four time salary will also mean paying higher interest rates, so it is probably undesirable. A mortgage lender will include your partner’s salary in the equation if you’re buying with that partner.