How much mortgage could i get on a salary of £24,500 and what would the monthly...

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Caroline

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How much mortgage could i get on a salary of £24,500 and what would the monthly...

...payments be? Here some details about me for info:-

I finished uni last year with a degree in accounting. I am now earning £24,500 as a trainee accountant and once i become chartered this wll increase. I am a 28 year old single woman and live in my council flat that i have had for the last 6 years. I could buy it but it's only one bed and i couldn't sell it on for another 5 years and as much as i love it i want to buy a house. Im not bothered about following all the other sheep at work and buying some fancy over priced house i can't really afford. There are always ex-council houses coming up for sale on my estate and i should be able to get a 3 bed one to do up for around £100,000 or less, or one that is already done up for a bit more. I really like my estate and am happy to stay here. How much mortgage could i get?
 
Realistically about three times your salary but I think this will change over the next few months as the market is changing. I went to the Land Registry yesterday and they have no work - nothing being sold and nothing happening. and house prices are still dropping. I'm on the point of moving and am going to rent for 6/12 months to see what happens.
 
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