Disclaimer

Important information about our mortgage calculators, accuracy limitations, and professional advice recommendations.

Important Notice

All calculations provided by MortgagePro.uk are for illustration purposes only and should not be considered as financial advice. Always consult with qualified mortgage advisors or financial professionals before making any financial decisions.

Calculator Accuracy and Limitations

Calculation Methodology

Our mortgage calculators use industry-standard mathematical formulas and current market data to provide estimates. However, these calculations:

  • Are based on the information you provide and may not reflect your complete financial situation
  • Use simplified models that may not account for all variables affecting mortgage terms
  • Rely on average market rates that may differ from actual rates offered by lenders
  • Do not consider individual lender criteria, policies, or special programs

Market Rate Information

Interest rates and market data used in our calculators are updated regularly but may not reflect real-time market conditions. Actual rates available to you may vary based on:

  • Your credit score and financial history
  • Loan-to-value ratio and deposit amount
  • Property type and location
  • Employment status and income verification
  • Current market conditions and lender policies

Data Sources

Our calculators use data from reputable financial institutions, Bank of England base rates, and industry publications. While we strive for accuracy, we cannot guarantee that all information is current or error-free.

Professional Advice Requirement

When to Seek Professional Help

We strongly recommend consulting with qualified professionals in the following situations:

  • Before making any mortgage application or financial commitment
  • When comparing mortgage products from different lenders
  • If you have complex financial circumstances or adverse credit history
  • For investment property or buy-to-let mortgage decisions
  • When considering remortgaging or early repayment strategies

Types of Professional Advisors

Consider consulting with:

  • Mortgage Brokers: Can access multiple lenders and find suitable products
  • Financial Advisors: Provide comprehensive financial planning advice
  • Solicitors: Handle legal aspects of property transactions
  • Accountants: Advise on tax implications and investment strategies

Regulatory Information

FCA Regulation

MortgagePro.uk provides calculation tools only and does not provide regulated mortgage advice. All mortgage advice must be provided by firms and individuals authorized by the Financial Conduct Authority (FCA).

Consumer Responsibilities

As a user of our calculators, you are responsible for:

  • Verifying all calculations independently
  • Seeking appropriate professional advice
  • Ensuring you understand all terms and conditions of any financial products
  • Conducting your own due diligence before making financial decisions

Consumer Protection

When seeking mortgage advice, ensure your advisor is FCA-authorized. Check the FCA register at register.fca.org.uk to verify credentials.

Limitation of Liability

No Warranties

MortgagePro.uk provides all calculator tools and information "as is" without any warranties, express or implied. We do not guarantee:

  • The accuracy, completeness, or timeliness of any calculations or information
  • That our services will be uninterrupted or error-free
  • That any particular mortgage product or rate will be available to you
  • That using our calculators will result in successful mortgage applications

Limitation of Damages

To the fullest extent permitted by law, MortgagePro.uk shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from:

  • Use of our calculators or reliance on their results
  • Errors or omissions in calculations or market data
  • Financial decisions made based on our tools or information
  • Technical issues or service interruptions

Data Usage and Privacy

Calculation Data

Information you enter into our calculators is processed locally in your browser and is not stored on our servers unless you explicitly choose to save results. For more information, please review our Privacy Policy.

Cookies and Analytics

We use cookies and analytics tools to improve our services and understand user behavior. No personally identifiable financial information is collected through these tools.

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Updates and Changes

This disclaimer may be updated periodically to reflect changes in our services, regulatory requirements, or industry standards. Material changes will be prominently displayed on our website.

Last Updated: January 2025

By using MortgagePro.uk calculators and services, you acknowledge that you have read, understood, and agree to be bound by this disclaimer.