Plus, the rent-a-room scheme, and state pensions
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Q My wife and I are hoping to trade up as our home is too small for our growing family. When we first took out our mortgage we were both working, but my wife has since given up her job to care for our children, so I’m now the sole earner.
We plan to put the sale proceeds from our current home towards the price of a new property, but I would still need a mortgage. To maximise the amount I can borrow, will banks take other income, such as bonuses, into account alongside my salary?
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