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Buy to Let Affordability Calculator
Final Results
Buy to Let Affordability Calculator
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, Monday to Friday between 9am and 5.30pm.
Fill in your details below and we will email the results to you
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 £2m for cases below 65%
LTV, £1.5m for cases between 65% and 70% LTV, £1m for cases between 70% and 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 £18,000 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 60
For clients who haven't had a CCJ or default in the last 60 months.
CCJs/Defaults
0 in 60 months
Mortgage/Secured Arrears
0 in 60 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.
V3.0.10
