Affordable Home Application: Upper Savings Limit

[whatsmoney]

Has anyone any idea how much savings one can declare before being disqualified when applying for an affordable home application. ie. what is the upper limit on savings?

 

[johny28]

Has anyone any idea how much savings one can declare before being disqualified when applying for an affordable home application. ie. what is the upper limit on savings?

Hi There,

As far as I know there are not any upper limits for saving and I have never seen any mention of upper limits in the application forms,booklets,websites...

The more saving you have the better it is because you get a bigger place and it shows the reliability factor in you that helps you to get the intial approval.This is as long as it is not something like having few hunderd thousand saved then I do not think they approve your application...

I hope this helps.

Thanks