1Loan & income details
Where a product fee is to be debited to the mortgage account on completion, this should be included in the loan amount and the product loan to value must not be exceeded.
Applicant 1 income
Add second applicant
2Monthly expenditure details
Residential mortgage payment
Other debts eg loans/credit cards, etc
Buildings & contents insurance
Housekeeping (Food & Washing)
Other travel & fuel (non essential transport)
Household goods eg furniture/appliances
Personal goods eg toiletries
Basic recreational eg cinema, eating out etc
Total monthly expenditure
Please note the following terms: [Click here]
This calculator should be used as a guide only and is not a guarantee that your application will be approved
The Society tests that the mortgage is affordable for the borrower in the event of an interest rate increase
A guide to the affordability of the loan is provided by this calculator, with a further detailed stress test being undertaken on submission of the application
The stress test process and rate applied by the Society is in line with regulatory requirements
The calculator makes an initial assessment of the case purely based on the information provided
The calculator assumes you require an interest only buy to let mortgage – please contact the Society should you require guidance for a repayment buy to let mortgage
The Society does not use an automated model or Interest Coverage Calculation
All applications are manually underwritten by our experienced underwriters and assessed based on the applicant(s) full financial circumstances focussing on the affordability of the proposed mortgage taking into account letting costs, taxation of rental profits and their own personal income and expenditure including any other mortgages held
3 months bank statements must be provided with the application
The stated expenditure will be reviewed in conjunction with the bank statements and/or with statistical data, as appropriate
4Existing Buy To Let details
How many other BTL's does/will your client have?
Please list all in the fields below. If your client(s) has more than 5, please contact us.
Please enter your personal details to complete the process below.
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