Maximum Loan & affordability

As a general guide use the following income based multiples to determine your maximum loan availability.  Calculations are based on no or low adverse (less than £250 CCJ, defaults) and no missed or late payments in the last 24 months 
If you require an accurate figure on maximum loan complete the form below.  We will calculate internally for each lender and provide you a bespoke figure. 

First Time buyer Special: Income greater than £31,000 and LTV up to 90%: 5.5x income if no adverse and low debt.

Incomeºº greater than £40k and LTV above 85% :4.5 x income Standard Lender*.

Income greater than £40k and LTV 85% or less: 4.75 x income – standard rate

Income greater than £50k and LTV 85% or less:  
– up to 5.5x income – Higher rate lender.
– up to 4.75x income – Standard lender

Income greater than £60k and LTV 85% or less: 
– 5x income – standard rate
– up to 5.5x income – Higher rate lender.

Income greater than £100k and LTV 85% or less: 5.5x income – standard rate

All Borrowers Special : High Income Multiples : income greater than £40k and LTV 85% or less with no credit or loans, minimum outgoings, perfect credit score: 6 – 7 x income – higher rate

ººIncome = Gross income minus annualised fixed loan & debt payments, e.g. Car loan payment monthly £150/m.  Annual payments equals £1800. Deduct 1800 from annual gross income before using multiples.  So if annual income is £40,000, use £38,200.

Credit cards, use 5% of outstanding balance, e.g. Current outstanding balance is £2000. 5% = £100 x12 = 1200.  Deduct £1200 from gross income before multiples.

*Standard rate = high street lenders.  Higher rate = Specialist lenders

Affordability Calculator form

For a full and exact calculation, complete and forward the form below. 

*Required fields

Loan Requirement

Repayment Type & Term of loan required

How long rate period preferred

How long term of loan (Maximum term may be restricted by age and lender)

Applicant details

Number of Applicants

How many incomes needed for affordability

Number of financial dependents

Aged 0 to 5

Age 6 to11

Age 12 to17

Age 18 and over

Age of oldest applicant

Retirement age Oldest applicant

Age of Youngest applicant

Retirement age Youngest applicant

Income Employed: Apps 1&2


Non - Guaranteed


Applicant 1: Type

Share of Partnership / LTD Company

Year 1

Year 2

Year 3

Applicant 2: Type

Share of Partnership / LTD Company

Income from sources other than employment

Income from social security

Income Employed: Apps 3 & 4


Non- Guaranteed

Self Employed: Apps 3/4

Year 1

Year 2

Year 3

Income from other sources

Income from social security

Adverse Credit - If you DO NOT have adverse credit move to Next step.

Unsecured credit are credit cards, loans , HP, car loans, lease purchase. Secured credit are mortgages and secured loans (e.g. 2nd charges etc) on property

Missed or late payments


Months 0-12

Months 12-24

Months 25-36

Months 36+

Defaults & Judgements

Judgement Type

Credit Type

Date filed


Date satisfied

OUTGOINGS: Fixed - Monthly [please complete this accurately for best result]

Total Outstanding credit card balances

Monthly other fixed debt: HP/personal/car/student

Monthly Mortgages: other residential homes(not BTL)


Insurance: Life/Health

Insurance: Property

Travel: Public

Travel Private: Petrol/Uber/rental

School/college/university fees

Student loans (from payslip)

Child maintenance/care

Car upkeep: insurance/MOT/maintenance

Health/prescriptions/contact lenses/medical

Food/drink/alcohol/tobacco/household goods




Mobile phone and landline

Council tax

Building and contents insurance

Ground rent and service charges

Other Fixed