Retirement affordability calculator
Retirement income must be evidenced and affordability proven.
Click here for further guidelines on criteria.
BTL RENTAL Calculator
The illustration above does NOT include arrangement fees.
If arrangement fees are to be added to the loan the rental income MUST cover the loan amount plus arrangement fees.
The Maximum LTV is 80% of the property value (except for Ex Pat Buy-to-let where the maximum LTV is 75%).
5 Year Fixed Rates: Rental Cover 140% of pay rate
Variable Rates: Rental cover 140% of either pay rate + 2% or 5.5%, whichever is higher
Rental Cover on debt for debt re-mortgage cases 125% of pay rate. Fees may be added to the loan
These figures are only illustrative and are not guaranteed.
All applications are subject to the current underwriting criteria.