Suit 8, 101 Clapham High Street,
London, SW4 7TB
Tel: 0208 239 8654
Email: [email protected]
Mon - Fri: 9:00 - 17:30
Online store always open
London, SW4 7TB
Email: [email protected]
Online store always open
Selection Terminology
BRT/LRT – Basic Rate Tax Payer
HRT – Higher ; ART – Additional Rate.
LTD – Limited Company
SSC – Single Dwelling / Single Self Contained Unit
HMO – House of mulitple Occupation.
MUFB – Multi Unit Freehold Block.
LTB – Let to Buy.
Remo Bridge B4 6m – Remortgage within 6 months ownership, including Day 1 refinance from bridging.
Consumer BTL – Previously occupied by applicant.
FTB – Not a homeowner or not owned a residential property before.
FTLL – Homeowner but first time BTL investor.
Green – Properties with EPC A, B or C.
Regulated – BTL for family member.
Notes
Not suitable for following:
– Portfolio landlords with >10 properties
– MUFB >6 units. However, for many lenders MUFB products are identical to their HMO products so can use HMO setting to obtain a close approximation. This is not 100% and we recommend checking on lender site.
-Top slicing
Maximum is based on the lender’s lowest ICR, which normally equates to the highest fee. This can be significant (up to 7%) with some specialist lenders. Same lender can also offer lower loans with lower fees. Once you are within the required range and a suitable lender is identified, the manual calculator can be used.
The calculator will have small variations with Specialist Lenders with alternate LTVs not used in the calculator.
There will always be some glitches due to the complex nature of the data. Please report errors to: [email protected]
Calculations for background portfolio.
Portfolio landlords > 10 properties.
We would love you hear your experience of using the calculator.