This calculator uses the following assumptions.

Maximum borrowing is a multiple of between 2.50 and 5.00 times total income less annualised outgoings.

This is intended as an indicative guide only. It is a generic calculation that does not take into account the individuals circumstances, it should not therefore be relied on.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Unless otherwise agreed, the maximum mortgage adviser fee payable will be £495. In some cases, the total fees payable may be higher, depending on level of extra work that may be required. If this is the case, you will be informed in writing, as to why any extra fees are applicable. This will be advised to you, prior to any fees being paid (including any engagement fee). You will then decide if you wish to proceed or not. We will also be paid a commission by the lender. Where fees are received on a commission only basis and the policy is cancelled within the policy responsibility period, the providers will reclaim up to 100% of the initial commission paid. This responsibility period can be for up to 4 years from the inception of your policy. In this event, you will be liable to repay this reclaim amount subject to a maximum of £300 (plus any possible legal fees incurred to recover), to help cover the cost of advice and administration we incurred in the initial processing of your policy.