Residential Calculator
How much could your client borrow?
'North', 'North West', 'Yorkshire & Humberside', 'East Midlands', 'West Midlands', 'East Anglia', 'London', 'South East, exc. London', 'Scotland', 'South West', 'Wales' 3.23,3.38,3.90,4.10,4.30,4.90,5.10 Investment,Taxable rental income,Bursary income,Fostering income,Maintenance payments,Vested shares,Trust income,Regional weighting,Mortgage subsidy,Special duties allowance,Second employed income,Second self employed income, Child Benefit,State pension,State widow / widower pension,Private / employer pension,War pension,Lifetime invalidity benefit This will show the name of the client should you need to print. Please note that the more information you are able to provide, the more accurate your illustration will be Entering the full postcode will give us more accurate result, if unknown select the property region Credit-impaired customer Definition (Per MCOB) - A customer who (a) Within the last two years has owed overdue payments, in an amount equivalent to three months payments on a mortgage or other loan (whether secured or unsecured), except where the amount overdue reached that level because of late payment caused by a bank error or other third party; or (b) Has been the subject of one or more county judgements, with a total value greater than £500 within the last three years; Kensington do not lend to applicants with an IVA or bankruptcy to their name, including discharged bankrupts The more accurate the information provided is, the more accurate the affordability results will be Dependants aged 16 or less Only include within this figure persons who are not party to the mortgage application. Dependants aged 17 and over For this quote we are using the maximum amount of each income type permitted by our lending policy. Please note that not all types of income are counted at 100%, some examples of other income that would not carry the full weighting are: bursary, trust income, fostering income etc. Secondary Income will be only considered if received for at least 6 months. Please do not include if within 6 months. If customer's other income is critical to this application, please complete the DIP The more accurate the information provided is, the more accurate the affordability results will be These include buildings and contents insurance, house hold insurance (gas, fire, boiler, pets etc.) Please only input revolving credit balances i.e. credit cards, mail order and overdrafts that are not being repaid on completion. Relevant for flats. Please divide your annual payments by 12. 5 Yrs Min, 40 years Max Please refer to Kensington Mortgages guide for rate details Sole traders and those holding not less than 20% of a company's shares. Please enter your most recent annual income. For self employed contractors we will work on the following calculation: daily rate x 5 x 46 weeks from the current contract. Only include within this figure persons who are not party to the mortgage application.
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How much will the household spend on the following?
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Residential Results
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We are able to lend you between - (the lower amount will be based on the lower credit profile and the higher amount will be based on the higher credit profile).

This figure is an illustrative figure for your information and does not represent a commitment to lend the quoted amount.

Kensington will consider using up to 100% of variable income depending on the history, frequency and certainty of amounts required. An Underwriter will determine an actual acceptable level on a case by case basis.

While our lending decisions are made by an underwriter, not a credit score, please note that we do use credit scores to educate our affordability assessment.

What next?

Login to our secure application portal to obtain a Decision in Principle, or call our Business Development Unit on 0800 111 020 to discuss the case.

Lending Criteria Product Guide Download as PDF

Key Information
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0800 111 020

 
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03444 99 00 11

 
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Kensington and Kensington Mortgages are trading names of Kensington Mortgage Company Limited (registered in England & Wales No. 3049877), which has its registered office address at: Ascot House, Maidenhead Office Park, Maidenhead SL6 3QQ.

Kensington Mortgage Company Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference No. 310336). Some investment mortgage contracts are not regulated by the Financial Conduct Authority.