In circumstances where a single income is being used to apply for multi-person household with non-earning dependents (in particular for children), the upper maximum threshold of £36,834 will also be considered. Please see detail on income to mortgage allowances on the Council’s website
The deposit required from your lender is generally based on the market value of the property and not the purchase price. At 5% deposit this would be £8,750. Please note that deposit requirements may vary between lenders.