Applications eligible for this calculator:
Portfolio landlord applications: Purchase, Remortgage with additional borrowing.
All First-time buyer First-time landlord OR Non-owner-occupier applications (Small or Portfolio landlords).
Portfolio landlord definition: 4 or more Buy to Let or Consent to Let mortgaged properties as at completion of this application.
Minimum Loan Size £25000. Minimum purchase price/valuation £50000.
Maximum LTV – We will lend 75% of the lower of purchase price or valuation per property. For new builds – 65% of the lower of the purchase price or valuation per property.
Total monthly unsecured loan commitments where term remaining exceeds 6 months (include any PCP payments see A-Z for additional details).
Total credit card balances remaining after mortgage completion.
E,g. Child Support, private school fees or other dependants’ costs (e.g. expenditure for the care of elderly relatives and/or children such as nursery and child minding fees.
The affordable amount displayed may be affected by the indicated changes, the detail of which we will collect at Decision In Principle/Full Mortgage Application.