Calculators

Stamp duty calculations below reflect recent stamp duty changes in England and Northern Ireland. Stamp duty for most first time buyers has been permanently abolished.

Stamp duty rates have increased for anyone purchasing an additional property. From April 2016 a 3% surcharge has been applied on top of the normal SDLT rate. This means buy to let purchases now attract higher levels of SDLT unless individual ownership is limited to a single property.

This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound.

Need a VAT Bridge or Stamp Duty Bridge for a development?  Call Us!

STAMP DUTY CALCULATOR

Property Value

First Time Buyer

2nd Property

Stamp Duty Payable

Property Value:
First Time Buyer:
2nd Property:

OR

RESULTS

Stamp duty Payable

Property Value:
First Time Buyer:
2nd Property:

How Do I Use the Bridging Loan Calculator?

Our bridging loan calculator is designed to make the process of finding out the likely costs of taking out bridging loans simple. There are countless lenders out there, all of whom will charge different interest rates and arrangement fees.

To use the calculator, fill in each box as accurately as possible and press calculate to receive your results instantly.

Property Value – This is the value of the property to be used as security for the loan.

Loan Amount Required – This is the net loan required – the amount you need to receive before any fees or interest are added to the loan.

Interest Rate – This is the interest rate charged for the bridging loan. The calculator, as with most bridging loans calculates based on a monthly interest rate.

Facility Fee – This is the fee charged by the lender for arranging the facility. Input the percentage charged by the lender.

Length – The term in months that you need the loan for.

The calculator will give three figures:

Serviced – This will see you paying the interest payment monthly in advance much like your residential mortgage, at the end you repay the amount you borrowed

Rolled – This will see the interest being added each month to the loan balance.  This means at redemption you will pay the loan + fees + interest accrued up to that point.  This will increase your overall borrowing.

Retained – This will see the lender lend you the interest for the term of the loan and keeping that aside to make your payments each month.  Your initial loan amount will therefore consist of the loan + fees + interest and will increase your overall borrowing but ensure you make no payments throughout the life of the loan.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR BRIDGING LOAN.

BRIDGING LOAN CALCULATOR

Property Value

Facility Fee

Broker Fee

Interest Per Month

Length (months)

Loan required

RESULTS

Serviced
Maximum Loan:
Loan Required:
Total Fees:
Interest Payment per Month:
Net Loan Amount:
Rolled
Maximum Loan:
Loan Required:
Total Fees:
Total Interest:
Net Loan Amount:
Retained
Maximum Loan:
Loan Required:
Total Fees:
Total Interest:
Net Loan Amount:

OR

Buy to let is undergoing big changes. In the past year, the government has ramped up pressure on the sector, bringing in higher stamp duty and limiting tax relief on buy-to-let mortgage interest payments from 2017.

To add landlord’s woes, Buy to Let loans are now regulated. Lenders are forced to “stress test” the loan’s affordability at an interest rate of 5.5 per cent. They would also be required to show that rental income covers at least 125 per cent of mortgage interest payments. Some lenders have already taken this a step further by demanding “interest coverage” of 145 per cent.

The moves are set to make it harder for landlords to borrow the typical maximum 75 per cent of the property’s value when purchasing an investment property, forcing them to inject more equity when buying or seeking to buy in cheaper locations.

This calculator has been created to help you decide if your buy-to-let investment is worth it, taking into account your level of borrowing and your personal tax rate.

Higher rate tax relief on mortgage interest for buy to let is to be phased out between 2017 and 2020. Its withdrawal is expected to reduce profits for many landlord investors.

Please note the calculator is to be used as a guide only. Possible tax deductible costs other than interest payments and furnishing expenses are not considered in the calculations.

Dividend income, savings income, pension contributions, blindness and age may affect tax rates.

BTL PROFITABILITY LOAN CALCULATOR

Property Value

Deposit

Ground Rent

(per month)

(per annum)

Service Charges

(per month)

(per annum)

Managing Agent Fees

(per month)

(per annum)

Maintenance Costs

(per month)

(per annum)

All other Costs

(per month)

(per annum)

Rent

(per month)

(per annum)

Purchase Year

Inflation Rate

Loan Interest Rate

Personal Tax Rate

Mortgate Tax Relief Rate

Rental Diversity

RESULTS

Rental Income:
Runnning Costs:
Mortgage Interest:
Gross Profit:
Income Tax:
Tax Relief:
Net Income:
Rental Income:
Runnning Costs:
Mortgage Interest:
Gross Profit:
Income Tax:
Tax Relief:
Net Income:
Rental Income:
Runnning Costs:
Mortgage Interest:
Gross Profit:
Income Tax:
Tax Relief:
Net Income:
Rental Income:
Runnning Costs:
Mortgage Interest:
Gross Profit:
Income Tax:
Tax Relief:
Net Income:
Rental Income:
Runnning Costs:
Mortgage Interest:
Gross Profit:
Income Tax:
Tax Relief:
Net Income:
Rental Income:
Runnning Costs:
Mortgage Interest:
Gross Profit:
Income Tax:
Tax Relief:
Net Income:
Rental Income:
Runnning Costs:
Mortgage Interest:
Gross Profit:
Income Tax:
Tax Relief:
Net Income:

OR

The calculator is for illustrative purposes only and based on certain key assumptions, listed below. It provides an indication of the interest you could save. The calculator doesn’t take into consideration any early repayment charges that may apply and is based on a repayment mortgage.

Before making overpayments, talk to your lender to understand if any early repayment charges apply. If you want your overpayments to have the effect of reducing your mortgage term, rather than reducing your monthly payment, you need to talk to your lender.

We use the following assumptions in the calculations:

  • Based on a repayment mortgage
  • Any regular monthly overpayments remain the same over the term of the mortgage
  • All years are of equal length
  • Interest is calculated daily and added monthly
  • The mortgage balance shown on the graph and table are the same, and are the amount left on the mortgage at the end of that particular year
  • Multiple sub accounts must be calculated individually
  • Estimate of total interest saved is rounded to the nearest pound
  • There is no change in interest rate which would recalculate your monthly payment
  • There will not be any changes to your mortgage which would result in a recalculation of your monthly payment e.g. changes to your mortgage product, term, type or change of owners.

EARLY REPAYMENT CALCULATOR

Current Balance

Interest Rate

Single Payment

Recurring Payment (p/month)

Remaining Term (Years)

Remaining Term (Months)

Results
Normal Montly Payement:
Repayment Years:
Early Repayment by:
Gross Saving:
Net Saving:

OR

Enter the expected rental income and (if you have it) the property value into the buy to let mortgage calculator below to get a rough idea of how much you could borrow.

To find out how much you can borrow, fill in your estimated rental income and property value below.

Remember, this is only an estimate. Banks and building societies will take into account a number of different factors when calculating how much they will lend you so the actual amount you can borrow may vary considerably. Typically, they are unlikely to lend more than 75% of the overall property value and will want to see evidence that your expected rental income will cover your mortgage interest payments by at least 125%. However, you may be able to borrow more if you have other properties or collateral.

This information does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision and proceed with a mortgage.

BTL Self Funding CALCULATOR

Rental (p/mnth)

Managing Agent Fees (p/mnth)

Maximum Loan:

Minimum Property Value:

OR

Enter the expected rental income and (if you have it) the property value into the buy to let mortgage calculator below to get a rough idea of how much you could borrow.

To find out how much you can borrow, fill in your estimated rental income and property value below.

Remember, this is only an estimate. Banks and building societies will take into account a number of different factors when calculating how much they will lend you so the actual amount you can borrow may vary considerably. Typically, they are unlikely to lend more than 75% of the overall property value and will want to see evidence that your expected rental income will cover your mortgage interest payments by at least 125%. However, you may be able to borrow more if you have other properties or collateral.

This information does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision and proceed with a mortgage.

BORROW CALCULATOR

Basis

Annual Income

Max Lending:

OR

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