How Much Can I Borrow ? … HIV Mortgage Advice

Unusual Risks are the UK’s leading experts at finding Mortgages for people living with HIV or Hepatitis C.

We  offer services that are specifically designed for people with HIV or Hepatitis C, that avoid the personal health questions that are sometimes associated alongside taking Mortgages and Insurances. Our experience of looking after people with HIV dates back some 15 years in regards to offering Mortgage Advice to people with HIV or Hepatitis C.

The most popular question that people ask us when taking out a new Mortgage is simply

… How Much Can I Borrow?

There have been so many changes to the way that Mortgages are agreed recently it has created a lot of confusion. It was not so long ago that people could “self-certify” their income and a Mortgage lender would take their word for the amount that they earned in income, without seeing any hard evidence.

This has now completely changed so here’s some advice for people who are now looking to take out a Mortgage.

1) You will now be required to prove your income before a lender agrees a Mortgage. It is advisable to have your last three months payslips handy if you are an employee and your last two year’s accounts / tax returns to hand if you are self -employed before speaking to a Mortgage Adviser.

2) Lenders also require you to have a cash deposit to place against the property as security. Most lenders will require at least 5% of the purchase price, but some require up to 10% , or even 15% of the purchase price before agreeing a Mortgage. Mortgage lenders offer better interest rates for those placing bigger deposits as security.

3) Mortgage lenders have completely changed the way that they calculate the amount that they will lend to you. In the past they offered set multipliers of your income. Now, they look very closely at your past credit record and contractual outgoings  like existing loans and credit cards before making their final calculations.

4) Lenders will even look at your regular bills like gas, electricity, water, phone bill before calculating the amount of Mortgage they will offer you. This new detailed process has created a lot of confusion and sometimes frustration for people trying to take out a new Mortgage.

Unusual Risks are constantly in discussions with Mortgage lenders about their changing criteria and are experts at maximising the amounts that clients can borrow from lenders. We offer completely “Independent” Mortgage Advice in return for “Set Fees”, which means you don’t have all of the worry about finding the right lender for your needs.

If you are having trouble finding the right Mortgage then why not give us a call?

If you require more information on HIV Mortgages, HIV Life Assurance, HIV Life Insurance, or Hepatitis C Mortgages, Hepatitis C Life Assurance, Hepatitis C Life Insurance you can contact Unusual Risks Mortgage & Insurance Services on 0845 474 3075, or email at or on the web at 

This entry was posted in Hepatitis C Life Assurance, HIV Life Assurance, HIV Mortgages, Unusual Risks. Bookmark the permalink. Both comments and trackbacks are currently closed.