Okay, be honest. You want to buy your first home, and you’re already lost. How much can you borrow? What’s a deposit actually for? What’s this “Mortgage in Principle” thing

Right, the big question.How much can you actually borrow?You’ve probably heard the rumour. “Lenders will offer 4 times your income. Or even 4.5 times income.”  Nice idea. Not true.Your income

Let’s talk money. Specifically, the number that keeps first-time buyers up at night.The deposit.You’ve seen the ads. “Buy with just 5% deposit!” Sounds great. But is that actually the rightmove

Okay, decision time.Do you buy now with 5% deposit? Or continue saving for 10%?Both are on the table for first-time buyers. But they lead to pretty different places —different borrowing,

LTV. Three letters. Zero explanation. If you’ve been mortgage-hunting for more than five minutes, you’ve seen this term everywhere and understood none of it. Good news: it’s actually dead simple.

“You need a Mortgage in Principle.” Someone will say this to you. Probably an estate agent. Probably early. And probably without explaining what it actually means. You might also hear