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  1. #1
    DF PwNagE Geko's Avatar
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    Default 6 x salary Mortgages

    Seen these on the internet. Anyone know anything about them? Anyone got one?

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    DF Jedi reverend's Avatar
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    Default Re: 6 x salary Mortgages

    We went to see a mortgage advisor the other week and we're looking at around 3x which is limiting our options - I didn't realise they went this high any more - definitely time for some investigation!

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    DF PlaYa ratty's Avatar
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    Default Re: 6 x salary Mortgages

    6x? wouldn't even like the thought of that hanging over me

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    DF Jedi BigBrand's Avatar
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    Default Re: 6 x salary Mortgages

    Quote Originally Posted by ratty View Post
    6x? wouldn't even like the thought of that hanging over me
    Depends on your salary. If you earn £100k a year, perhaps not. For a first time buyer say perhaps on £18-£22k, at most is £130k

  5. #5
    DF PwNagE B.I.G.'s Avatar
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    Default Re: 6 x salary Mortgages

    Quote Originally Posted by BigBrand View Post
    Depends on your salary. If you earn £100k a year, perhaps not. For a first time buyer say perhaps on £18-£22k, at most is £130k
    That's still a hefty wedge out of that 18-22k and unless you are sure you will climb the ladder over time and end up on a decent wage it'd be a hefty chunk for a long time.

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