Affordability calculator

You are now required to submit a completed affordability calculator with every residential mortgage application. A print out of the completed affordability calculator screen must be provided with every application.

The Bank of England rate is currently 0.5%. The SVR rate is currently 5.39%

Monthly Income First applicant Second applicant Total
 
Monthly Outgoings First applicant Second applicant Total
Ongoing Credit Commitments

(higher of payment or 3% of balance)

(shared ownership only)
Other monthly payments

(leasehold properties)
Net monthly income available to pay the mortgage
The maximum amount we could consider lending you is
 

Signature:

Signature:

Name:

Name:

I/We confirm all information above is accurate and correct to the best of our knowledge.
This is not a quotation under the Consumer Credit Act.
Figures are subject to validation of income, credit checks and a property valuation.
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