Mortgage calculators
Work out which kind of mortgage you could afford
Use our mortgage calculators to work out how much you could borrow and how much deposit you need for a mortgage.
Buying property with other people
Buying property with your partner, family or friends can make sense, as long as you weigh up the benefits and risks of taking out a joint or guarantor mortgage.
A joint mortgage is when you apply to borrow money to buy a home with someone else, like your partner, a friend or a relative. Everyone who applies will have to meet our lending criteria, and they’ll be jointly liable for the mortgage payments. This means that if one you is unable to pay your share of the monthly mortgage payment, the other person has to pay the whole amount. All applicants will have a legal claim to ownership of the property.
No, but you can ask us about applying for a joint-borrower, sole-proprietor mortgage. This means that you can apply with someone who’s willing to accept joint responsibility for making mortgage payments without having a legal claim to the property. This differs from a guarantor mortgage, as guarantors only become liable for the debt if the mortgage applicant can’t make them at all. Both you and the non-proprietor applicant will need to show that you can afford the mortgage payments.
When you buy a property with other people using a joint mortgage, you need to choose how your ownership of the property is defined legally. Here’s an outline of your options, but you should consider getting legal advice before making any decisions if you’re in this situation.
Joint tenants. This option might be suitable if you’re married or in a long-term relationship with the person you’re buying with. It means you each
Tenants in common
This option might be suitable if you’re teaming up with friends or family members to buy a home. It means you
If you choose to be tenants in common, you should consider asking your solicitor whether you need to set up a deed of trust, which sets out how much of the property each tenant owns. This helps you avoid any misunderstandings or problems if you later part and sell the property.
Use our calculators to see how much you could afford to borrow, get an Agreement in Principle to see if we could lend what you need and find out how to prepare for your mortgage appointment.
Work out which kind of mortgage you could afford
Use our mortgage calculators to work out how much you could borrow and how much deposit you need for a mortgage.
Take the first step to your mortgage
Start an Agreement in Principle (AiP) online to find out quickly if you could borrow the amount you need – without affecting your credit score.
Get ready to apply
Find out how to book an appointment to start your mortgage application, and see the list of documents and information you’ll need to provide.
Buy your home with help from a loved one
Saving for your first home isn’t easy – now family and friends can help with the deposit.
You can no longer apply for the government’s Help to Buy scheme
You can no longer access the equity loan from Homes England, and you won’t be able to complete using a Help to Buy: Equity Loan mortgage. Find out more about the scheme here: www.gov.uk/help-to-buy-equity-loan
If you have any questions about your mortgage offer, please contact your mortgage advisor or broker for more information.
Buy part of a home and pay rent on the rest
A government-backed scheme helps you buy a home with a fraction of the usual deposit or mortgage.
Start your adventure
Expert tips and guides to help you prepare as you set off on the path towards your first home.
If you already bank with us, you can open a chat in Online Banking.
Our mortgage experts are available Monday to Friday from 7am to 8pm, and from 7am to 5pm at weekends. To maintain a quality service, we may monitor or record phone calls. Call charges.
You can also check our full mortgage range [PDF, 317KB] to see if our other mortgages are suitable for you, download our tariff of mortgage charges [PDF, 265KB] and read our legal information.