Buy to Let calculator

Find out how much your client could borrow

Latest version 23/07/2017

Mortgage details

Please enter the rent.

£
You should input this annual figure when you complete the application in Introducer Internet.

£0

Please enter the estimated property value. Our minimum property value is £75,000.

Our minimum property value is £75,000.

£
If you client is looking to remortgage for the same or less choose Remortgage (without capital raising), product fees can be added.

Please choose an application type.

Please enter the current balance. Our maximum LTV is 75%. For part and part applications, interest only amount plus repayment amount must equal current balance.

£

Please select yes or no.

If the property was purchased this year, or if any additional borrowing has been taken out on the property this year choose 'No'.

We don't accept remortgage applications without capital raising that don’t meet our transitional affordability policy. Please see our BTL criteria for more details.

Please confirm if all borrowing will be on a 5 year fixed rate.

If your client is an existing Santander BTL customer who is porting a product, please choose 'No'.

Please choose the repayment method.

Please enter interest only amount, this can't be more than the current balance.

£

Please enter repayment amount, this can't be more than the current balance.

£
Our minimum term is 5 years and our maximum term is 25 years.

Our minimum term is 5 years. Our maximum term is 25 years.

Monthly running costs

When you submit the application on Introducer Internet, you’ll need to input these figures in FMA > Loan required > BTL details.

Please confirm if the property will be managed by an agent.

Please enter the agent fees.

£
You must enter a monthly allowance for the loss of rental income to cover periods where the property is empty. We've calculated a guideline figure. If your client's allowance for rental voids is different you can change this amount.

Please enter an amount, this can be 0.

£
We'd expect your client to make a monthly allowance to cover the costs of maintaining the property.

Please enter an amount, this can be 0.

£
Please enter any other monthly costs to cover things like insurances or safety certificates.

Please enter an amount, this can be 0.

£
Please enter the monthly equivalent costs for any ground rent and service charges.

Please enter an amount, this can be 0.

£
Please include any other costs that your client will use any surplus rent for. For example, if your client will be using some of the income to fund regular living expenses.

Please enter an amount, this can be 0.

£

When you submit the agreement in principle on Introducer Internet, please make sure you enter £{otherMonthlyAmount1} into 'Other monthly costs' so that we can take into account the ground rent and service charge as well as other monthly costs.

When you submit the agreement in principle on Introducer Internet, please make sure you enter £{otherMonthlyAmount2} into 'Other monthly costs' so that we can take into account the ground rent and service charge.

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Santander for Intermediaries is a brand of Santander UK plc and is not a regulated company. Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. Telephone 0800 389 7000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register.

Product update

NEW! We’ve made some improvements to our Buy to Let and residential mortgage ranges. View our latest rates for full details.