Can I afford the mortgage? – the first step in any mortgage process.
Whether you are Purchasing or looking to Re-mortgage, make sure lenders are able to offer the funds needed.
Our Mortgage Affordability Calculator gives you instant access to what matters most!
Have a go! How much could you borrow?
Representative example: A mortgage of £211,756 payable
over 22 years, initially
on a fixed rate until 31/12/26 at 1.19% and then on a variable rate
of 4.55% for the remaining 17 years
would require 62 payments of £912.07 and 202 payments of £1,184.03.
The total amount payable would be £296,956 made up of the loan
amount plus interest (383,966) and
fees (£1,234). The overall cost for comparison is 3.0% APRC
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
STAMP DUTY CALCULATOR
Having a deposit is one thing, but often it’s the Stamp Duty Tax liability that is overlooked!
Remember, under UK property tax laws, there’s an additional 3% on the entire purchase price, payable at the point of completion, on any property that is NOT going to be your main home that you live in.