Owning your own home

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Tenderloin

Couple of questions:

When applying for a mortgage will they give a mortgage based on OTE?

We want to buy a house next year but looking at it monthly mortgage repayments would be around 1600-1800 - that's equivalent to what we currently pay in rent. Is that a good basis to go on?

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cake in reply to @Tenderloin

Both me and Ash at work managed with varying amounts of OTE. As everyone says it does vary lender to lender but you should be fine especially if it's relatively consistent going back over payslips etc. Happy to have a chat about it at work if you want.

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Tenderloin in reply to @cake

Ok I might have a word - it's mainly the other half as her bonus is considerable each quarter but wanted to get an idea before we decide on areas to look in.

Green Lanes good?

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