Clydesdale Bank launches affordability calculator
Clydesdale Bank Intermediaries has launched a calculator available for residential and buy-to-let loans.
The assessment is based purely on the bank’s own assessment of affordability and will not leave a footprint on a client’s credit profile.
Fred Sharp, Clydesdale Bank Intermediaries’ head of mortgage distribution, said: “We are always looking for ways to enhance our service and, after listening to feedback, we are delighted to be able to launch the calculator.
“It is simple to use and brokers will receive an estimated affordable lending amount for their clients based on the details they’ve provided.
“We will continue to review all completed applications on a case by case basis, carrying out a full underwriting assessment where appropriate and ensuring broker clients are treated as individuals.”