Mortgage lending depends on a number of factors and there is no easy answer to this. Typically factors considered are income, dependents, employment history, deposit (is it saved or gifted?), expenses, personal loans, hire purchases etc.
Lending requirements have changed considerably in recent times in response to the economic conditions, including high house prices. At present most banks will only lend up to 80%-90% of the property value. This can change on a case by case basis depending on your banking history and average income.
For investment properties, banks generally only lend up to 60%-80% of the value of the property.
We help prepare this information for you and the lender, to provide a solution that works for both you and the lender.