Affect of share value on mortgage possibilities

jinty

Registered User
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47
Hi

I have approx. €12K in shares, €70K additional savings and a salary of approx. €50K.

I do not intend to sell my shares. Will they still have an affect on the amount I can expect for a mortgage?

I would like to get about €300K

Thanks.
Jinty
 
Whether or not you choose to sell your shares won't have an effect on a mortgage application. You should make a lender aware you have them for profiling reasons - it shows you have the ability to live within your means as well as doing sensible things like holding shares.

Main criteria used for assessing a mortgage application will be your salary, credit history and any existing loan repayments.
 
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