Affordability Calculators

Looking to find out how much your client could borrow?

Our Buy to let calculator has been built with you in mind, it’s simple to complete and will give you an indication of the maximum we could lend your client

Due to planned maintenance, access to our portal will be unavailable from 6pm on the 15^th of December to 11pm on the 15^th of December.

Buy to Let Affordability Calculator

Is this for a LTD company *

Purchase or Remortgage *

Purchase price *

Deposit amount *

Estimated property value *

Loan required *

Loan amount *

Loan to value *

Monthly rental income *

Select a product *

Repayment type *

What term (years) is your client looking for? * 5

Please complete all fields Calculate

Final Results

Below is a summary of the information provided:

Required Loan Amount:
Monthly Rental Income:
Repayment Type:
Term:
Product:
Is this for a LTD company:

Maximum available on 2 year:
£

Maximum available on 5 year:
£

Based on the information provided please find details above on what your client(s) could borrow with us

As we manually underwrite all applications and consider each case on its merits there may be times where we will lend more or less than the figure stated below. To find out exactly what your client(s) could borrow please submit a DIP

If you see an N/A within the Maximum Loan Size box this is because we don't currently offer a rate for that Product/LTV

If you have any questions, call our sales team on 03333 701 101 Option 4.

Back

Welcome

Our Buy to Let Mortgage Calculator will help to give you an indication of how much we could lend your client(s). What's more it should take less than a minute to complete.

We'll show you the maximum amount your client could borrow on both a 2 and 5 year product without the need to look up the rates. Simply select the tier they fit.

We'll use the details you enter to automatically calculate the loan size required, but this does not take into account any fees. If your client is looking to raise capital or consolidate debts please increase the purchase price for purchases or the loan required value for a remortgage to reflect this. If they don't currently have a mortgage but already own the property and are looking to refinance, please select Remortgage. We allow capital raising for most legal purposes.

We have a maximum loan size of £1m for cases below 75% LTV and up to £750,000 for cases above this.

We assess affordability based solely on the monthly rental income, however the applicants will need to have a minimum earned income of £30,000 per annum. If you have any questions, pick up the phone and give our friendly sales team a call on 03333 701 101, Option 4

Pepper 12

For clients who haven't had a CCJ or default in the last 12 months.

CCJs/Defaults	0 in 12 months
Mortgage/Secured Arrears	0 in 12 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

Pepper 18

For clients who haven't had a CCJ or default in the last 18 months.

CCJs/Defaults	0 in 18 months
Mortgage/Secured Arrears	0 in 18 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

Pepper 24

For clients who haven't had a CCJ or default in the last 24 months.

CCJs/Defaults	0 in 24 months
Mortgage/Secured Arrears	0 in 24 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

Pepper 36

For clients who haven't had a CCJ or default in the last 36 months.

CCJs/Defaults	0 in 36 months
Mortgage/Secured Arrears	0 in 36 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered

Pepper 48

For clients who haven't had a CCJ or default in the last 48 months.

CCJs/Defaults	0 in 48 months
Mortgage/Secured Arrears	0 in 48 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered

Pepper 12 Light

For clients who haven't had a default in the last 12 months.

CCJs	0
Defaults	0 in 12 months
Mortgage/Secured Arrears	0 in 12 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

Pepper 18 Light

For clients who haven't had a default in the last 18 months.

CCJs	0
Defaults	0 in 18 months
Mortgage/Secured Arrears	0 in 18 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

Pepper 24 Light

For clients who haven't had a default in the last 24 months.

CCJs	0
Defaults	0 in 24 months
Mortgage/Secured Arrears	0 in 24 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered We will ignore 2 individual defaults (per application) up to and including £150 each where these defaults relate to utilities, communications or mail order providers

Pepper 36 Light

For clients who haven't had a default in the last 36 months.

CCJs	0
Defaults	0 in 36 months
Mortgage/Secured Arrears	0 in 36 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered

Pepper 48 Light

For clients who haven't had a default in the last 48 months.

CCJs	0
Defaults	0 in 48 months
Mortgage/Secured Arrears	0 in 48 months (No arrears balance in last 6 months)
Unsecured Arrears	Fixed term - None in the last 6 months Revolving credit - Missed payments considered

Important notice

These results are indicative and are meant to be used as a guide only. Should you wish to submit a DIP, it'll be subject to our full lending criteria, a credit check and an underwriter review which could result in a different value.

Please note by changing the loan amount figure you may change the loan to value. This may change the interest rate charged. If you're going to change any details we strongly recommend you start a new calculation to ensure it is as accurate as possible.

If you'd like to submit this, or any other case, you'll need to have registered with us. it's a quick and simple process and shouldn't take more than 5 minutes.

If you've already registered, please Login and complete our online application form.