im 27 and would like to buy a house,how much money would a bank lend me at present?

[smirnoff]

any info would be helpful
im on £22,000 at the mo
i have no outgoing and earn £22,000

[jones0220050001]

Actually It's Really based on your credit history not your age.

[Ciel]

It completely depends on your credit rating and what your credit report says, also having a hefty cash down payment doesn't hurt. You should expect to have atleast 10 percent cash for the down payment. People got away with a lot of crap the last few years, hence why we are having a mortgage meltdown in the U.S. So don't mess around, get the house cheap-there are many out there because no one can sell and prices have gone down so much. Don't screw yourself-set up a monthly mortgage that you can honestly handle. I've always been told that the amount shouldn't be more than 30percent of your monthly income. Get your interest rate fixed-meaning it stays the same. Don't bet on making more money later and have your interest rate go up-that's how many people got in trouble. Goodluck!

[Jase]

find a bank that has some money first

[Dizzy_Lizzy]

There’s no magic amount that everyone is entitled to borrow. It’s based on your own personal financial situation. Talk to a lender who a can look at your data and give you an answer.