In reply to John_Hat:
> (In reply to Indy)
>
> As others said, they are looking for income and expenses, not riches.
>
> On the good side, it would indicate that they are going the "affordability" route rather than a strict 3.5x income route, so if his finances are in order (and the fact he has managed to save so much indicates they are) then he may end up with a better rate or ability to borrow more.
I've just been through the mortgage mill and can confirm that lenders are not just interested in how much income you have - they want to know what you do with at all too!
To the OP by all means shop around for your mortgage (I found HSBC to be the cheapest for me), but in the main your interest rate is dependant on how much deposit you can scrape together.
Be wary of slightly cheaper interest rates that you need to pay a fee for. Do the sums and workout if that's actually going to be cheaper over the term you're likely to have the mortgage for.