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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

FOUND: How to get yourself mortgage ready - What They Never Told You

illustration of a man on a running machine trying to reach his mortgage
It’s worth tightening your belt in the months before you apply, says the website MoneySavingExpert.com. Illustration: Jamie Wignall

Get a ballpark figure

One of the first things you should do is get a realistic idea of how much you’re likely to be able to borrow so you can see if it is worth going ahead. This will depend on three main things: your income, your outgoings and the size of the deposit you plan to put down.

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