How to figure out what property you can afford

Sadly what we want and what we can afford are not always the same thing.

What you can afford typically rests on what you can borrow. Every lender will have slightly different ways of calculating how much they will lend you, so to put yourself in good stead:

•Build up a sizeable deposit.

•Ensure you’ve got a good credit rating.

•Check your regular expenditure to make sure you’re not currently living beyond your means.

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