Thisismoney.co.uk - NatWest to offer mega mortgages of 6.5 times salary: Who can get one?

NatWest has boosted the amount high earners can borrow as a mortgage to 6.5 times their salary. 

The high street lender will offer the deal to couples jointly earning £150,000 or more, as long as they are putting down a deposit of at least 25 per cent. 

It means that a couple earning £150,000 between them could now borrow up to £975,000. 

'Many potential borrowers are still struggling to buy the properties they want,' says Aaron Strutt of mortgage broker Trinity Financial.

'Affordability is clearly a huge issue in the mortgage and property markets, and NatWest is trying to address this although at the moment mainly for higher earners.

'This policy change means they are more generous than virtually all of the other banks and building societies.'

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