Most people will need to borrow money in the form of a mortgage to fund their part-purchase of a property.  Mortgage lenders will be able to give you advice on the different types of mortgages that are available and the interest rates that will be fixed to the repayments.

The simplest calculation to do to discover how much you are likely to be able to borrow is the following:

• Single income x 3.5
• Joint income x 3

Your bank or building society will be able to provide you with more information about how much you are able to borrow.

Housing Advice Services
Guildford Borough Council
Millmead House
Millmead
Guildford
Surrey
GU2 4BB

Tel: 01483 444244
Email: lcho@guildford.gov.uk