dcc house puchase loan?

[bloomers]

hi, im new to all this. i wonder if anyone can help me.

we just found out weve gotten an affordable home, we have 2 weeks to get the mortgage sorted. we were thinking of going with the dcc house purchase loan. ive rung the council a few times and still waiting for callbacks from someone who knows what theyre talking about.

anyhoos i have two questions that i hope someone can help me with

1. ive been told that i can get the value of the property that im going for yet the website says they give a max of 185k. is this true or is this an old rate?

2 what is usual rate they give for a loan ie how many times the my income would they allow?

i would be really grateful if anyoen knows anything about this loan because im finding it really hard to get information on this

thanks

 

[trevorku]

I read on the form that they wont give loan of more than 300k, id say 185 would be an old figure. Think the rate is like your salary multiply 2 then divide by something or other lol. If your applying on your own think you would need 25k salary per year.