How Much Can I Borrow for a Mortgage in the UK?
Two tests set your borrowing limit: a multiple of your income and a payment check at a higher rate. A worked £60,000 example shows which one bites, and why.
Guides about mortgages
Is It Better to Rent or Buy? How to Work Out Your Answer
Renting or buying depends mostly on how long you stay. A worked £250,000 example shows which costs you never get back and the point where buying pulls ahead.
How Is Stamp Duty Calculated for First-Time Buyers?
First-time buyers pay no stamp duty up to £300,000 and 5% on the slice up to £500,000 — then lose the relief entirely. The bands, the cliff edge and worked examples.
How Is a Mortgage Repayment Calculated?
The amortisation formula behind every repayment mortgage, worked through for a £200,000 loan — and why the balance barely moves in the first few years.