This calculator should not be used for additional lending, portability or transfers of equity. Affordability can only be assessed on submission of a full application for this type of lending.
The Affordability Calculator will give you a quick estimate of how much your client can borrow. Please click on where these appear for advice on how to complete the section.
Please note that a maximum loan to income of 4.49 applies to all lending over 90% LTV.
Please do not include any non-sterling income below.
Self employed clients - Sole traders and Partnerships only
Please state the client's share of annual net profit (£)
Salaried / Non-salaried directors
Please state the client's annual net dividends (£)
If the client's required loan is unaffordable using divident income, you can enter net profit minus Corporation Tax(£) below and recalculate to use this instead
Outgoings related to shared ownership of this property
Outgoings to remain outstanding after the mortgage completes.
Outgoings to be repaid when the mortgage completes.