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Tsb For Intermediaries Affordability Calculator
Tsb For Intermediaries Affordability Calculator. This should include any pension income , dividends, bonus, commission, overtime, shift allowance, employment allowances and car allowance. Applicant 1 gross annual discretionary bonus.

Where bonus income has been entered, the latest bonus payment must have been paid on or after 1 january 2021 to be used for affordability. For affordability, when determining the minimum and maximum loan amount, the product fee will be added to the loan for every application. This calculator is designed for guidance purposes only.
Please Note That Passing Any Affordability Calculation Is Not A Full Agreement To Lend.
There are stages within the income/expenditure section where the figures required are annual and monthly. Paid half yearly or annually. This calculator is not suitable for retirement interest only mortgages.
Fees Cannot Be Added To The Mortgage, If This Will Result In The Ltv.
Please click ok to proceed ok. Select which calculator you need and find out what your clients can afford, and what their repayments would be. Please be aware that this does not constitute a mortgage offer.
Where Bonus Income Has Been Entered, The Latest Bonus Payment Must Have Been Paid On Or After 1 January 2021 To Be Used For Affordability.
See accompanying help text for further information about loan percentages for property values. If your client is in receipt of pension income, please include this in the basic salary figure. If the extension deadline is not met, a new application must be processed and submitted as new business.
Maintenance / Other Committed Expenditure.
If an applicant has inherited a property then they can still be classed as a first time buyer for mortgage purposes. If the applicant has been self employed for less than 2 years, please enter '0' into the income fields. Debt consolidation can be taken into retirement.
Find Out How Much Your Customers May Be.
A mortgage offer will only be provided following the satisfactory completion of our underwriting process. Please note our affordability calculators are for guidance purposes only, the affordability result is subject to underwriting and does not. The latest we can process the mortgage offer extension is 14 days after the mortgage offer expiry.
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