Sunday, March 13, 2011
The Sheeple Ask A VI For Help
Q1. My girlfriend and I are looking to buy our first house. We are both 30 and have saved Â£170,000 for a deposit and have another Â£30,000 to cover stamp duty and other buying costs. Our combined salary is Â£120,000, which is just above the average for London. We both have clean credit histories. We are interested in buying a detached property out of London around the Â£650,000 mark. Do you think a bank would lend us the near Â£500,000 we would need?