How much can I borrow?
We don’t simply enter numbers into a computer to see how much you can borrow. Every application is individual and that's how we treat them. Our dedicated mortgage team look at each case on its own merit that’s why it’s always best to speak to us directly.
Call us 0845 601 3344
Open 8.30am-8.30pm Mondays to Fridays, from 9.00am-6.00pm Saturday and 11.00am-5.00pm on Sunday.
The amount we will lend you depends on your ability to repay the loan. We take into account your income and other financial commitments you have. We also consider the amount of the loan required as a percentage of the property’s value.
We use the following income multiples as a guide only.
| Gross Annual Income* | Sole Applicant | Joint Applicant |
| Up to £50,000 | 3.25 times | 2.75 times |
| Up to £75,000 | 3.75 times | 3.25 times |
| In excess of £75,000 | 4.50 times | 3.50 times |
*Gross annual income is defined as any income (including basic salary, bonuses and overtime) which is guaranteed by the employer.
Please refer to the individual mortgage deals to confirm the amount you can borrow based on the value of the property. The following is a guide:
| Reason for loan |
Amount you can borrow |
| House Purchase (depending on mortgage deal) |
Up to 90% of the property's value |
| Remortgaging (depending on mortgage deal) |
Up to 85% of the property's value |
| Additional borrowing (depending on mortgage deal) |
Up to 90% of the property's value |
| Buy to Let | Up to 70% of the property's value |
Please note that our lending limits may differ for new build properties - contact us for more information.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Contact us
Visit a branch
Find your local branch
Phone 0845 601 3344
Mon-Fri: 8:30am - 8:30pm
Sat: 9:00am - 6:00pm
Sun: 11:00am - 5:00pm
Request a callback
Let us call you
Email
enquiry@cambridgebs.co.uk
