FixThatNow
Mortgage affordability-assessment service — Mortgage adviser — Professionals
Providers should use a clearly defined assessment process within relevant permissions. Establish reliable inputs and separate household planning, personal advice and lender underwriting, rather than presenting a simple formula as proof of affordable borrowing.
Service scope
Professional assessment of a proposed mortgage budget using relevant income, commitments and borrower circumstances, with a clear distinction between planning estimates and a lender's decision. The canonical profile describes the service, not a working affordability engine.
What is normally included
- Scoping a professional affordability review
- Organising relevant financial categories
- Explaining assessment limitations
What is not included
- Universal income multiples
- Guaranteed maximum borrowing
- Automatic approval from calculator results
Qualification checks
- Confirm assessment purpose
- Establish reliable income evidence
- Review commitments securely
- Identify scenario assumptions
- Explain lender-decision limitations
Quote guidance
Price professional assessment and advice separately from application work. The fee should reflect records and analysis required, not a guaranteed increase in borrowing capacity or a preselected affordability outcome.
Lead risks
- Applicants may omit irregular commitments
- Self-employed income may need further evidence
- Customers may confuse a calculator with underwriting
Related services
Explore FixThatNow
Find professionals by service and location.