Yes, it’s possible. You’ll just need to provide a bit more paperwork.

Most lenders will want to see:

• 1 to 3 years of accounts.
• HMRC tax documents (SA302s or tax overviews).
• Proof of your deposit.
• Evidence of future income or contracts.

A mortgage adviser can guide you through what’s needed.

As a general rule, lenders might offer around 3 to 4.5 times your household income, but this will depend on the lender.

So, to borrow £160,000, your combined annual income might need to be in the region of £35,000 to £50,000 – though it depends on other factors too, like debts, dependents or the lender.

Having a larger deposit may also help you access more flexible options.

Yes – but buy-to-let mortgages work a little differently.

They often require:

• A larger deposit (typically 25% or more).
• You to already own another property.
• Rental income that meets the lender’s criteria.

Most buy-to-let mortgages are interest-only, and tend to have higher interest rates.

Yes, some lenders offer them – especially for buy-to-let.

Here’s what you need to know:

• You’ll only pay interest each month, not the loan itself.
• At the end of the mortgage, you’ll need to repay the full £160,000.
• Lenders will ask how you plan to do this – e.g. with savings, investments or property sales.

Interest-only mortgages aren’t right for everyone, so speak to a mortgage adviser if you’re unsure.