Buying your own home may be an option depending on an assessment of your income and savings and, where relevant, the income of your partner and any equity on a property to be sold.
The following formula is used to calculate how much of a mortgage you might be able to secure, whichever is the greater of:
3 x the greater salary plus 1 x the lower
or
2 1/4 x the sum of both salaries
We may not consider you for alternative accommodation if we believe you could purchase a property.
If you are looking for somewhere to buy follow the link below to information about local estate agents.
Date Updated: 01/04/08
Recommended external websites
*N.B External links are selected and reviewed when the current page is published. However, the AVDC is not responsible for the content of external websites.
UK Property Shop website | http://www.ukpropertyshop.co.uk |