Buy to Let Maximum Loan Calculator

Want to know how much we could lend your customer(s) on a Buy to Let property without logging into the Vida Application System for a Decision in Principle?

Please ensure ALL fields are completed with the correct information in order to provide a quick and accurate result.

The results given by the calculator are indicative only and will be subject to a full application, credit check and rental verification

Important information
  • The exact amount your customer(s) can borrow will depend upon the loan to value and satisfactory credit reference check
  • A European Standardised Information Sheet (ESIS) showing all of the costs involved in taking out a loan, can be produced online once a decision in principle has been completed
  • These details are provided for information only and do not, in any way, bind Vida Homeloans to offer a mortgage for your customer
  • Applications are subject to loan to value restrictions, standard lending criteria and all loans are subject to status
EditApplicant details
Please enter a name

*Please note that a full affordability check will be required

*Please note maximum loan is £500,000 upto 75% LTV

*Evidence of UK tax liability must be provided

EditMORTGAGE DETAILS
PCM
Please specify rental income ammount
Please enter a value less than £1,000,000
Please specify required loan amount
Please enter a value less than £1,000,000

*Please note minimum property valuation is £50,000 upto 70% LTV. Over 70% LTV min val of £70,000 applies. Ex-local authority flats / masionettes minimum £125,000 outside of London, minimum £200,000 in Greater London upto 80% LTV.

* Please note minimum property valuation is £100,000 for HMO. For MUB minimum valuation is £175,000 in London and SE, £125,000 in all other regions.
* At least one applicant must have 1 year’s landlord experience

Maximum 35 years
Years
Maximum 11 months
Months
Please specify an initial product rate

We are pleased to inform you that based on the information provided we could lend the following:

Basic Rate Tax Payer / Limited Company Higher Rate Tax Payer
Maximum loan could lend (excluding product fees) is: {{vm.outcome.maximumLoanBasicRate}} {{vm.outcome.maximumLoanHighRate}}
The indicative monthly mortgage payment is: {{vm.outcome.indicativeMonthlyPaymentLoanBasicRate}} {{vm.outcome.indicativeMonthlyPaymentLoanHighRate}}

We are pleased to inform you that based on the information provided we could lend the following:

Basic Rate Tax Payer / Limited Company Higher Rate Tax Payer
Vida requires a minimum rental income of: {{vm.outcome.rentalRequiredBasicRate}} {{vm.outcome.rentalRequiredHighRate}}
If using top up, minimum rental income required is: {{vm.outcome.rentalRequiredNoTopUpBasicRate}} {{vm.outcome.rentalRequiredNoTopUpHighRate}}
Maximum top up amount allowed is: {{vm.outcome.topUpRequiredBasicRate}} {{vm.outcome.topUpRequiredHighRate}}
The indicative monthly mortgage payment is: {{vm.outcome.indicativeMonthlyPaymentRentalBasicRate}} {{vm.outcome.indicativeMonthlyPaymentRentalHighRate}}
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Important

The figures detailed above are an illustrative figure for your information and does not represent a commitment to lend the quoted amount.  
 
Vida Homeloans only accepts mortgage applications from intermediaries. It is the responsibility of the intermediary to ensure that all applicable law is complied with including, without limitation, the provision of adequate explanations.   
 
The results shown are indicative only, based on the specific information that you have supplied about your customer(s). The actual amount we are prepared to lend to your customer(s) is subject to a satisfactory credit reference check, confirmation of their income and expenditure (If required) and confirmation of the value and suitability of the property offered as security. These results are based on the accuracy of the information provided.   
 
Please note that restrictions may apply to the amount we will be prepared to lend to your customer(s) based on the type of application and product chosen (e.g. different LTV or credit tiers have differing maximum loan amounts). You will need to check our lending criteria to make sure your customer(s) is eligible for the amount they wish to borrow. If any of the details you have supplied change, the amount we would be prepared to lend may also change.   
 
These details are provided for information only and do not bind Vida Homeloans to offer a mortgage to your customer(s).   
 
Tax advice should be sought where required for investment purposes.