WhatsApp HollyHow much might I be able to borrow?
Use this as a starting illustration—not a lending decision. Actual affordability can be higher or lower depending on the lender, commitments, term, deposit, credit history and income type.
With your deposit, that could indicate an illustrative property budget of approximately £210,000 – £232,500.
Why the real answer can be different
Online calculators usually apply a simple income multiple. Lenders assess much more detail, and two lenders can produce very different figures from the same information.
- Loans, credit cards, childcare and other commitments
- Basic salary, overtime, bonus or commission
- Self-employed profit, salary and dividends
- Mortgage term, age and retirement income
- Deposit, property and credit history
This calculator provides a broad illustration only and is not a mortgage offer, recommendation or guarantee of borrowing. A full affordability and eligibility assessment is required.
Important information
Your home may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.
Not all Buy to Let Mortgages are regulated by The Financial Conduct Authority.
As with all insurance policies, conditions and exclusions will apply.