Your Body Mass Index (BMI) is a measure of body fat based on your weight and height. Life Assurance companies will use it to help assess your health, and having a high or very low BMI could mean your premiums are increased. Alongside your BMI providers will also consider your age, waist measurement and any other health conditions when looking at your application.
Some providers are more lenient than others and this is where our expert advisers can help you find the best policy.
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.
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