Reliable
The assessment is more reliable than a visit to your bank or by using one of the many online mortgage capacity calculators available.
Mortgage Capacity Assessment Reports
Mortgage Capacity Reports in Bovingdon
When future housing arrangements are being considered as part of a separation or divorce, it is important to understand what you may realistically be able to borrow. PF Financial prepares detailed Mortgage Capacity Assessment Reports for sole and joint applicants, based on their individual financial circumstances.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Understanding your potential mortgage borrowing position
Mortgage Capacity Assessment Overview
A Mortgage Capacity Assessment Report provides a professional assessment of the amount you may be able to borrow, based on factors such as your income, financial commitments, employment, credit history and wider circumstances. These reports are often requested during separation or divorce proceedings to help inform discussions about future housing and financial arrangements.
PF Financial can prepare an assessment for a sole applicant or consider the position of both parties where a Joint Capacity Report is required. Your report may include potential borrowing levels, indicative rates, estimated repayments and possible mortgage terms based on the information available at the time.
Where appropriate, we can also assess agreed alternative scenarios. This can help illustrate how changes to income, deposit funds, liabilities or other financial circumstances may affect your potential borrowing position.
What your Mortgage Capacity Assessment Report may include:
- An assessment of potential borrowing
- Sole or joint applicant scenarios
- Indicative mortgage rates
- Estimated monthly repayments
- Potential mortgage terms
- Additional agreed financial scenarios
More than a simple borrowing estimate
A detailed, personal assessment
Online calculators can offer a broad starting point, but they are not always able to account for the full detail or complexity of an individual situation. A Mortgage Capacity Assessment Report considers the financial information you provide and presents the findings in a structured format that can support discussions with your solicitor and other relevant professional parties.
Credible
Prepared by qualified mortgage advisers using current lender criteria, your report provides a clear, evidence-based assessment that can be shared with solicitors, mediators and in court.
Informative
Our reports provide a clear assessment of your potential borrowing capacity, drawing on criteria from a range of lenders and outlining indicative loan amounts, repayments, rates and terms.
Detailed
We can also provide details of your mortgage capacity based on any number of financial situations.
What information will we need from you?
Information Required
The report can only reflect the information available at the time it is prepared. It is therefore important to provide complete and accurate details about your financial position, including anything that could affect your future ability to afford a mortgage.
Income
Your salary, bonuses, commission and any other regular or additional sources of income.
Outgoings and liabilities
Existing mortgage payments, loans, hire purchase agreements, credit card balances and other regular financial commitments.
Credit history
Information on your credit position, including any missed payments, defaults or other adverse credit history that may be relevant.
Employment status
Whether you are employed, self-employed, a sole trader or limited company director, along with appropriate supporting information.
Assets and savings
Details of property, investments, savings and any funds that may be available towards a future deposit.
Dependants
Information about children, elderly relatives or anyone else who is financially dependent on you.
Future financial changes
Any significant upcoming expenditure, income changes or other circumstances that could affect your future affordability.
Honesty & Accuracy
It’s important to be honest and accurate, as the report may inform key decisions about your finances and mortgage affordability.
Fixed fees for a defined assessment
Assessment Costs
Our fixed fee includes the initial assessment and one Mortgage Capacity Assessment Report based on a single agreed scenario.
Additional scenarios
Further scenarios or additional work may incur an additional fee. Any extra costs will be explained and agreed with you before that work is undertaken.
Single Capacity Report
An assessment and report prepared for one applicant, based on one agreed financial scenario.
£149
Joint Capacity Report
An assessment of both parties’ mortgage capacity, with a report based on one agreed financial scenario.
£250
A careful, non-judgemental approach to an important mortgage assessment
Why choose PF Financial?
A Mortgage Capacity Assessment Report may form part of a much wider discussion about your home, finances and future arrangements. We approach each assessment with care, taking time to understand the information provided, explain what is required and prepare a report that is considered, informative and relevant to your circumstances.
Our aim is to provide you with the platform to make well-informed decisions on future mortgage plans with complete confidence and peace of mind.
Independent financial advisers
Personal service tailored to you
Detail-led preparation for reliable accuracy
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What our clients say:
Our experience with PF Financial was very good and James Pinder who advised us was very friendly and professional. We would be glad to work with PF Financial again in future.
I have been in touch with James for over a year now and he has always been really efficient, transparent and very helpful. Would highly recommend.
It was a good experience working with PF Financial. The people at PF Financial were very helpful. They were always ready to answer my questions. I will work with them next time.
Ready to uncover a clearer view of your borrowing power?
Get in touch
PF Financial prepares honest and accurate Mortgage Assessment Reports to help establish realistic borrowing capacity. We provide an independent assessment based on the individual circumstances and financial information presented to us.