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.
For Portfolio Landlord Applications, additional criteria applies. Please visit our Portfolio Landlord page for further information.

Visit our criteria page to find out more.

Your Calculation Values

Please input appropriate values to produce your calculation results

Is this a Portfolio Landlord Application?	portfolioLandlord Including this application, if the client has four or more mortgaged BTL properties (held in personal names, company, or in any legal entity), they are considered to be a Portfolio Landlord and you should select “yes”. Please note this only includes mortgaged BTL properties; any unencumbered properties should not be counted.	Including this application, if the client has four or more mortgaged BTL properties (held in personal names, company, or in any legal entity), they are considered to be a Portfolio Landlord and you should select “yes”. Please note this only includes mortgaged BTL properties; any unencumbered properties should not be counted.
Number of Applicants on this mortgage application	noOfApplicants Select the number of applicants on this mortgage application. For more than two applicants, applicants 3 and 4 will not be considered in the Maximum Loan Amount Calculation	Select the number of applicants on this mortgage application. For more than two applicants, applicants 3 and 4 will not be considered in the Maximum Loan Amount Calculation
Application Type	applicationType Confirm whether application is for:- Buy to Let Purchase Buy to Let Remortgage Buy to Let Remortgage (no equity release) Let to Buy Additional borrowing on existing BM Solutions mortgage. For BTL Purchase or LTB, the anticipated rental income will automatically be included in customer’s income for calculation purposes.	Confirm whether application is for:- Buy to Let Purchase Buy to Let Remortgage Buy to Let Remortgage (no equity release) Let to Buy Additional borrowing on existing BM Solutions mortgage. For BTL Purchase or LTB, the anticipated rental income will automatically be included in customer’s income for calculation purposes.
Applicant 1 - Is current main residence in Scotland?	addressInScotland1 Scottish tax rates and bands differ in Scotland compared to rest of UK. We will use the applicant’s main residence to determine the correct tax band for each applicant. Please select Yes or No based on location of each applicant’s current main residence.	Scottish tax rates and bands differ in Scotland compared to rest of UK. We will use the applicant’s main residence to determine the correct tax band for each applicant. Please select Yes or No based on location of each applicant’s current main residence.
Applicant 1 – Annual Income (Taxable)	£ totalAnnualIncome1 Include all income from: Self Employment (including profit from self employment and dividends from UK companies) Employment (including bonus, overtime, commission) Pension	Include all income from: Self Employment (including profit from self employment and dividends from UK companies) Employment (including bonus, overtime, commission) Pension Other income
Applicant 1 – Income from UK Land & Property	£ profitLandProperty1 Declare all annual profit from UK Land and Property as declared on latest tax calculation / SA302. Please note that where the applicant has existing BTL properties, this must be completed	Declare all annual profit from UK Land and Property as declared on latest tax calculation / SA302. Please note that where the applicant has existing BTL properties, this must be completed
Applicant 1 – Gross Monthly Rent received	£ grossAnnualRentalIncome1 Applicant’s share of total gross monthly rent from all existing let properties. Please note that for calculation purposes, we will always assume that each party to a property owns an equal share. You should therefore key the Gross Monthly Rent figure for each applicant with an equal share, regardless of how the title is held. For BTL Remortgage, BTL Remortgage (no equity release) and Additional Borrowing applications, please include the rent from the subject property. Do not include anticipated rent for BTL Purchase or Let To Buy applications.	Applicant’s share of total gross monthly rent from all existing let properties. Please note that for calculation purposes, we will always assume that each party to a property owns an equal share. You should therefore key the Gross Monthly Rent figure for each applicant with an equal share, regardless of how the title is held. For BTL Remortgage, BTL Remortgage (no equity release) and Additional Borrowing applications, please include the rent from the subject property. Do not include anticipated rent for BTL Purchase or Let To Buy applications.
Selected Product Rate (%)	% selectedProductRate Select product rate from our current product range. Please note if you change this after Decision in Principle, the maximum loan amount available may change.	Select product rate from our current product range. Please note if you change this after Decision in Principle, the maximum loan amount available may change.
Product Fee Amount (if adding to loan)	£ profitLandProperty1 Enter the product fee if it is being added to the loan. If it is being paid up front or it is a fee free product, enter 0.	Enter the product fee if it is being added to the loan. If it is being paid up front or it is a fee free product, enter 0.
Is this rate fixed for 5 years or more	fixedForFiveYears Confirm whether product will be a 5 year fixed rate. Please note that if you later chose a fixed rate product with a term of less than 5 years, this could reduce the maximum loan amount available.	Confirm whether product will be a 5 year fixed rate. Please note that if you later chose a fixed rate product with a term of less than 5 years, this could reduce the maximum loan amount available.
Product Maximum LTV (%)	% maximumLTV Enter the maximum LTV the selected product rate allows	Enter the maximum LTV the selected product rate allows
Property Value	£ propertyValue Purchase applications – enter the purchase price. BTL Remortgage, BTL Remortgage (no equity release), LTB and Additional Borrowing – enter the estimated value of the property.	Purchase applications – enter the purchase price. BTL Remortgage, BTL Remortgage (no equity release), LTB and Additional Borrowing – enter the estimated value of the property.
Loan Required	£ loanRequired
Subject Property Anticipated Monthly Rent	£p/m rentalIncome BTL Remortgage, BTL Remortgage (no equity release) or Additional Borrowing – Current Achieved Monthly Rent Purchase or Let to Buy – Anticipated Monthly Rent	BTL Remortgage, BTL Remortgage (no equity release) or Additional Borrowing – Current Achieved Monthly Rent Purchase or Let to Buy – Anticipated Monthly Rent

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.