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You are here: Home / High Income Multiple Mortgage

High Income Multiple Mortgage

Payam Azadi High Income MultiplesAt Niche Advice we have access to an array of lenders that offer High Income Multiples mortgages. As a ‘whole of market’ Specialist Mortgage Broker we commonly use Mortgage Lenders that are not open to the general public. Our personal service will ensure your mortgage is looked after every step of the way until a successful conclusion. We are so confident in our ability that we do NOT charge for our mortgage service until it is fully agreed and the funds are released. 

High Income Multiples Mortgage Lender Criteria

No upfront Broker fees by us. You only pay once the deal completes.

  • Up to 6 times income (subject to minimum income levels) to 85% loan to value
  • Up to 4.99 times income (no minimum income)
  • 100% of overtime/bonus/commission used for affordability
  • 1 month employment considered
 

Example Product Rate and Fees- 6 times income multiple for mortgage

Initial Rate: 2.36%
Subsequent: 4.74%
The overall cost for comparison 4.27% APRC

The total amount you must pay back, including the amount borrowed is £419,215.3

Product Features: Up to 6 times income. Main applicant must earn at least £50k per annum. Purchases only.

Type and initial benefit period Discount from SVR until 31/10/2020
Minimum deposit / equity: 15%
Valuation fee £300
Booking fee £0
Lender arrangement £765
Telegraphic transfer / CHAPS fee £25
Legal fee £150
Early repayment charge 3/2/1% of the amount repaid in the discount period

Make an enquiry Online

For more information on High Income Multiple Mortgage please call complete the enquiry form on this page or call the number below. 


Any property used as security, which may include your home. may be repossessed if you do not keep up repayments on your mortgage


Important Information

Residential and Buy to Let Mortgages

Rates current as at 8/9/17 . The overall cost for comparison is based on an open market value of £300,000 over a 25 year term. Right-to-Buy examples are based on a discounted purchase price of £200,000. Repayment for Residential and Interest only for Buy-to-let (unless otherwise specified). Eligibility will depend on your own personal circumstances.

KEY – ERC = Main early repayment charge.

The purpose of this web is for information only and is based on a fictitious illustrative scenario. It does not constitute a Mortgage Offer in any way.

It is essential that you seek independent mortgage advice as a suitable product will be based on your own individual circumstances. An interest rate should not be read in isolation, and you should refer to your personal key facts illustration and Mortgage Offers for full terms and conditions. If anything is unclear it should be discussed fully with both your mortgage and legal advisors before entering into a mortgage contract with the lender.

The information contained herein is based on research through the Trigold (IRESS UK) sourcing system. When first published to this site the data is normally 24 hours behind real time, and may or may not still be available.

A first charge over your property is required as security for the loan.

The formal mortgage offer of an advance will be subject to a valuation and other satisfactory references.

Make an enquiry Online

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Tel: 020 7993 2044
Fax: 0845 528 0411
Email: info@nicheadvice.co.uk
Web: www.nicheadvice.co.uk
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AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS. If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA Number: 750263.

Commercial Buy-to-Let and commercial mortgages are not regulated by the Financial Conduct Authority.

If you wish to register a complaint, please write to us on the details below or call 020 7993 2044.

Correspondence Address: Niche, Unit F6, The Addington Business Centre, Vulcan Way, New Addington, Surrey CR0 9UG.
A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 023 4 567.
Registered Office : Niche, Unit F6, The Addington Business Centre, Vulcan Way, New Addington, Surrey CR0 9UG. Registered in England & Wales. Company registration number: 06599033. VAT number: 974 2007 25.

EQUIFAX OFFER -PLEASE NOTE THAT MONTHLY FEES APPLY TO THE CONSUMER FOLLOWING THE 30 DAY FREE TRIAL OF THESE PRODUCTS IF THE USER DOES NOT CANCEL WITHIN THE TRIAL PERIOD. THE MONTHLY FEES ARE £7.95 FOR THE FREE CREDIT REPORT. A USER CAN CANCEL THEIR SUBSCRIPTION WITH EQUIFAX AT ANY TIME.

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