One of the most frequently asked questions in home finance is – how much can I borrow?

Your borrowing power will give you a good idea of how much you can borrow to purchase a property. As a guideline, when determining how much you can borrow banks and lenders will look at:

• Income and types of income e.g. casual, contract, full-time
• The size of the loan compared to the property value
• Number of dependents and their situation
• Credit card limits
• Type of loan
• General living expenses
• Current savings to be used as a deposit (if purchasing), and
• Existing asset position (including the size of your deposit)

For a detailed assessment of your borrowing capacity contact us at  and we will provide you with a personalised indication of your capacity.

Tips on how to increase your borrowing power

• Pay off and close or reduce limits on any credit card or overdraft facilities
• Put a budget in place and stick to it.  This will help you to improve your deposit and savings history
• Pay off any outstanding term debts (e.g. car/personal loans)