What percentage of my monthly wage should i be able to use for mortgage?
Answers: 30% or less is what conservative banks recommend. I only have 14% going to my housing and its a wonderful thing. Sure my house is small, but I'm in a terrific neighborhood. And I'm able to save an incredible amount of money because I don't spend it on my house. I have an extra 16% of my income each month to save or spend on an emergency (like replacing the fridge when it broke). I'm saving that money for a bigger house, but I'll have enough of a down payment that I'll keep my monthly payments low.
In the UK they will just look at the whole household income and decide that way...
It all depends on if you put a deposit down as well.
Speak with a free independent mortgage adviser
You would be approved for a loan up to 28% of your monthly gross.. or 35% of total indebtedness. Provided you have decent credit.
What Websites Accept your Sort code and explanation number, insted of Debit/ Credit card numbers??
my debit card was stolen, i blicked it, but Lloyds TSB wont distribute me a new card for another 28 days. I be just wondering, is within any online shops or websites where i can buy stuff minus using my Debit card DetailsAnswers: I don't think you want to impart out your acct nbr like that.
once they own it, they could continue to craft withdrawls.
CC have some protection to them.
If your acct get abused by the online company, all you could do is close your acct.
As a teenager, I've got 20 grand, what should i do to earn money from this amount?
Answers: Do you want to maintain access to this money? I would suggest finding the best rate for a savings account that you can. Check all local banks for this information, most of it can be found online.
Can you put it aside for 1-5 years without touching it? Then I would suggest looking into a CD. These have GREAT interest rates and you will see much more growth than you will in a typical savings account.
wow lucky you!
go to the casino and try and double it...just kidding
invest it...ask a financial adviser...a reputable one
My Dad's a full-time investor, and he's had some money for my which has been growing for when I'm older.
He told me that when I have it in my name, I should keep adding more money to it and if I keep any of the interest, make sure that atleast half goes back in, so it still grows.
I think that would be the best Idea. It'll be a security for the future, and then you won't have to have a pension scheme, because eventually, you'll be earning enough interest to live off it.
Go and speak to someone at the bank.
Something like a high interest account, it might even be worth locking the account until you are old enough for driving lessons etc.
That way you can't be tempted to spend it, maybe but a grand into a current account that you can spend..
Put it in a college 528 account. www.americancentury.com
If you p*ss it away, you'll regret it you entire life.
Pay for your College with it get a good education and get a great job earning great money and have a great future