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A broker told me I don’t earn enough for a London mortgage. Is that true?

I have lived at the family home all my life, I earn £26,000 a year and have about £60,000 for a deposit

Q I’m almost 26 and have lived at home my whole life, just outside the M25. I am a tailor, I didn’t go to university – so have no student debt – and I have worked since I was 13 in various jobs.

Both my sisters have moved out to study or live with partners, so I am feeling more and more like I need to leave and live my life on my own terms, and all the other things that being in your own space allows. Tailors don’t earn a lot of money, I’m on £26,000 now, which I hope to negotiate this year up to £28,000 to £30,000. I don’t live lavishly and living at home has allowed me to save a deposit of about £60,000.

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Please note that all views in posts that are not from the BSL Editorial Team are not opinions of the company and do not represent us in any form. All Non-Editorial articles are intended to be purely informational and should not be treated as fact.

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