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Full Rental income calculator

Calculate the maximum amount of capital your client can borrow to purchase their property.

Remember, limits apply to all our Buy to Let products:

  • A maximum 75% LTV for loans from £25,001 to £1,000,000.
  • Our maximum loan on a Buy to Let mortgage is £1,000,000.

Visit our criteria page to find out more.

Your Calculation Values

Please input appropriate values to produce your calculation results

Select the number of applicants on this mortgage application. Note that if there are more than 2 applicants, applicant 3 and applicant 4 will not be considered in the Maximum Loan Amount Calculation

Select the number of applicants on this mortgage application. Note that if there are more than 2 applicants, applicant 3 and applicant 4 will not be considered in the Maximum Loan Amount Calculation

Confirm whether application is for a new Buy To Let purchase, Buy To Let Remortgage or a Let To Buy Remortgage. For a New Buy to Let Purchase or LTB Remortgage the anticipated rental income will automatically be included in the customer’s income for calculation purposes.

Confirm whether application is for a new Buy To Let purchase, Buy To Let Remortgage or a Let To Buy Remortgage. For a New Buy to Let Purchase or LTB Remortgage the anticipated rental income will automatically be included in the customer’s income for calculation purposes.

£

Include all income from self employment (this should include profit from self-employment and dividends from UK companies), employment and pension

Include all income from self-employment (this should include profit from self-employment and dividends from UK companies), employment, pension and profit from UK land and property.

£

Include all annual profit from UK land and property declared on latest tax calculation or SA302 .This should also be included in the total income box as part of a customer’s total income.

Include all annual profit from UK land and property declared on latest tax calculation or SA302 .This should also be included in the total income box as part of a customer’s total income.

£

Customer’s share of total gross annual rental income from all properties. For Remortgage application please include the rent from the property being remortgaged.

Customer’s share of total gross annual rental income from all properties. For Remortgage application please include the rent from the property being remortgaged.

%

Select product rate from current product range. Note if you change this after the Decision in Principle the maximum loan amount available may change

Select product rate from current product range. Note if you change this after the Decision in Principle the maximum loan amount available may change

Confirm whether product will be a 5 year fixed. Note that if a fixed rate product with less than 5 years is chosen later, this could reduce the maximum we will lend to you

Confirm whether product will be a 5 year fixed. Note that if a fixed rate product with less than 5 years is chosen later, this could reduce the maximum we will lend to you

%

Enter the maximum Loan to Value (LTV) the selected product rate allows

Enter the maximum LTV the selected product rate allows

£

For purchase applications enter the purchase price. For remortgage applications enter the estimated value of the property

For purchase applications enter the purchase price. For remortgage applications enter the estimated value of the property

£  
£p/m

For remortgage applications enter the current achieved rental income. For purchase applications enter the anticipated rental income

For remortgage applications enter the current achieved rental income. For purchase applications enter the anticipated rental income

This calculator is for illustrative purposes only and is not a mortgage offer. Before agreeing a loan, a credit search and full application is required, and our lending requirements must be met.


All our products are SUBJECT TO AVAILABILITY and can be withdrawn at any time. A product is only available for further borrowing if it states this in the features box.

Your client's home may be repossessed if they do not keep up repayments on their loan. Whilst a fixed rate mortgage can give your client certainty around monthly payments, the Bank of England Bank Rate may go down as well as up. The value of your client's home may alter with market conditions so that the amount of the loan may exceed the value of the home.

For the use of mortgage intermediaries & other professionals only

If you do not have professional experience, you should not rely on the information contained on this site. If you are a professional and you reproduce any part of the information contained on this site, to be used with or to advise private clients, you must ensure it conforms to the Financial Conduct Authority's advising and selling rules.

These pages are for the use of those people who are resident and ordinarily resident in the UK and should not be regarded as an offer or invitation to sell Mortgage products in any jurisdiction other than the UK.

Birmingham Midshires is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered office; The Mound, Edinburgh, EH1 1YZ

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number 169268. Telephone number 0345 850 5000. Telephone calls may be monitored or recorded.

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House Purchase
Remortgage
First Time Buyer
Existing Mortgage Customers only
Available for further borrowing
Further Borrowing only
Only available with BM Conveyancing
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