What are the monthly repayments on a £300,000 mortgage over 25 years?
Use the mortgage repayment calculator above to find out an estimate of the payments due on a £300,000 mortgage either on a repayment or interest only basis. Here you can change the interest rate charged and the repayment term to suit your requirements and budget.
How much do I need to earn to get a mortgage of £300,000?
The salary requirements with vary from lender to lender, however as a general rule in order to get a mortgage of £300,000 you will need to earn approximately.
I want to remortgage for £300K on a buy to let over 25 years what are my options?
If you wish to refinance a buy to let property you have two options you can either remortgage the whole amount, or you can take out a secured loan (second charge mortgage) against any remaining equity in the property. Our brokers can help you with both options to help you compare which may be the best solution for you.
How does being self employed effect my application?
There is no reason why being self employed should you leave you at a disadvantage. Being self employed simply means that how you show proof of your income is different to an employed person who may need to show Payslips and there p60 for example. If you’re self employed the lender may ask to see 2 years of business accounts and SA302 and your tax year overview from HMRC. A mortgage broker is often useful in these cases as they have an indepth understanding of the lenders requirements.
Apply for a £300,000 mortgage
To find out more about our range of £300,000 mortgages simply make an application with our approved mortgage experts found here on the website. Rates are available from across the market either on a fixed rate or variable rate deal. Mortgages and lenders to suit most credit types and applicants including buy to let property.