Please note, the affordability calculator provides an indicative amount only. The amount your customer can borrow as produced in this calculator will be reduced to 80% for all new business and will be reflected in the Decision in Principle. For example, if the figure displayed here is £100,000 the amount your customer can borrow is £80,000. This is in accordance with our recent lending criteria update whereby our Loan to Affordability (LTA) limit is now 80%.
Please note: If your applicant has already retired you will need to add all income into the ‘Retirement income’ section and leave the ‘Income for applicant’ section blank.