Can someone afford a big house if there were earning this much money?
Let's say about 38,000 a year or that's what they will make eventually. Can they afford a £30000 house in a cheap area? They partner earning slightly less?
Not really, you need more like 50000
Best off asking your Bank about this as they would provide the mortgage.
Where can you find a house for 30K?
If you apply for a mortgage the company are likely to offer you one x3 you joint salaries, so if jointly they are 50k then they could potentially loan 150k
Nope. Not unless you have a substantial down payment saved.
Pounds or dollars?
Mortgages are given for 3X the yearly salary, so in your case it would be £114000, you also have to provide 10% of the asking price.
It will probably depend on where the big house is, in an area where rents are cheap and not much demand for housing you could probably get any size house you want
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