Work out the income you need to show for a given house price, deposit and income multiple, and what the UK taxman takes from it.
Most lenders sit around 4 to 4.5x. Some go to 5.5x or more, subject to affordability checks.
Term does not change the income needed. It changes the monthly repayment.
The rest of the income is taken as dividends. Corporation tax is not included.
£0a year
Same house, same deposit, different income multiples. Your current setting is highlighted.
Default settings: £350,000 house, £70,000 down, 4.5x, 25 years, 5.5% placeholder rate.