Whether you’re thinking about moving home or remortgaging one question you are likely to need the answer to is ‘How much is my house worth?
This house value calculator will give you an idea of how much your house is worth and how the value has changed over the past year based on house value data provided to us by Landmark. Just select your address and we’ll give you an approximate value for your house. However, please remember that it’s only a guide and the mortgage lender will always want a valuation of the property to confirm how much it’s worth.
While this calculator is designed to help you to understand the estimated value of your house, the actual value of your house might be above or below the result and is dependent on other factors.
There are a number of criteria that must be taken in to account when calculating exactly. These could include but are not limited to:
Your monthly outgoings or regular commitments
Whether your income is a basic salary or includes bonus, commision or overtime
Whether you are self employed
The amount of deposit you have
Your age and whether you are borrowing past your retirement date
The lender however has the final input in to determining how much you can borrow. Each lender has their own criteria and as a broker we are perfectly placed to match you to the right lender for your borrowing requirements.
The calculators do not have the final say in how much you can borrw, your repayments etc., but this is where our expertise and experience in the field come in to play. We can sometimes make available a higher borrowing by taking your personal circumstances in to account.
*all potential borrowing is subject to affordability checks and credit status.