Spellman Financial Services
Mortgage Capacity Report Guide
Need a Mortgage Capacity Report for court or divorce proceedings? We can provide fast, accurate, and court-compliant reports tailored to your financial situation.
For assistance, please contact us via the button below or email me directly at:
About Spellman Financial Services
My names Luke Spellman and I am the owner and the Mortgage Advisor you will speak to if you choose to get in touch with Spellman Financial Services.
I have more than 10 years experience as a Mortgage Advisor and have worked in the Financial Services industry my entire career.
I have been completing Mortgage Capacity Reports for many years now, and it has become a key area of my business.
I understand the importance of providing reports in a timely and concise manner which is why I commit to a 24 hour turnaround upon receiving the required information.
Three Simple steps
to obtaining your Mortgage Capacity Report
Talk to an Advisor
Get in touch to speak to Luke Spellman, Mortgage Advisor and Owner. He will take information about you and your finances and confirm the cost for your Report.
Research
We will complete your Mortgage Capacity assessment with Lenders, confirming what you can borrow with each Lender and confirming you meet each Lenders criteria.
Finalise Report
We will compile and finalise your report and ensure all the relevant information is included to meet the Courts or your Solicitors requirements.
Our Mortgage Capacity Report Costs
We charge the following for Mortgage Capacity Reports:
No Mortgage Capacity Report: £119 – for those with no Mortgage Capacity
Single Mortgage Capacity Report (most frequently purchased): £129 – for single applicants
Joint Mortgage Capacity Report: £159 – for joint applicants
Additional Scenarios: £95 typically – but can vary
Bespoke Mortgage Capacity Reports: please contact us for a quote
What is a Mortgage Capacity Report?
A Mortgage Capacity Report is a professionally prepared document that outlines how much you may be able to borrow for a mortgage based on your income, outgoings, and financial situation.
Reports are commonly used in divorce proceedings, legal disputes, or financial planning where proof of borrowing ability is required by a solicitor or court.
Prepared by a qualified and FCA regulated Mortgage Advisor, a Mortgage Capacity Report provides a realistic assessment of your mortgage borrowing capacity from a lender’s perspective.
It takes into account not only your income but also your credit commitments, dependants, and commited living costs, offering an accurate snapshot of your Mortgage Capacity in the eyes of Mortgage Lenders.
When you may need a Mortgage Capacity Report?
There are several reasons why someone in the UK might require a Mortgage Capacity Report, including:
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Divorce or separation proceedings
When going through a divorce, the court may request a Mortgage Capacity Report to understand whether either party can afford to purchase or refinance a home independently. -
Family court proceedings
In cases involving children, a report can help the court assess financial stability and housing options. -
Financial planning during major life changes
If you’re restructuring finances due to changes in employment, income, or dependents, a report can assist in making informed decisions. -
Property settlement disputes
If property ownership is under question, a Mortgage Capacity Report can demonstrate one’s ability to buy out a partner or take on a new mortgage.
Solicitors and family law professionals often recommend these reports to support legal arguments with factual financial data.
What is included in a Mortgage Capacity Report?
A comprehensive Mortgage Capacity Report typically includes:
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Detailed analysis of your income, including salary, bonuses, pensions, benefits, and any additional income streams.
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A review of your monthly outgoings, including rent or mortgage payments, credit cards, loans, and other financial obligations.
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Your credit history and how it affects your mortgage potential.
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A breakdown of affordability calculations using real-time lending criteria from multiple UK mortgage lenders.
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A comparison of potential borrowing amounts from different lenders.
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A formal, professionally written report suitable for presentation in court or submission to a solicitor.
The report is not a mortgage offer but gives a realistic picture of what you could borrow in today’s lending environment.
Who prepares a Mortgage Capacity Report?
Only qualified and regulated Mortgage Advisors and Financial Advisors should prepare a Mortgage Capacity Report. In the UK, this usually means Advisors who are FCA-regulated and have access to the current criteria and lending policies from a range of mortgage providers.
I am personally fully CeMAP-qualified and highly experienced in producing court-compliant reports that reflects Lenders affordability and lending criteria.
We work directly with solicitors and clients to ensure every report is accurate, up-to-date, and tailored to the individual’s financial circumstances.
How does a Mortgage Capacity Report differ to a Mortgage in Principle?
A Mortgage Capacity Report is often confused with a Mortgage in Principle (MIP), but they serve different purposes:
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A Mortgage in Principle is a certificate from one Mortgage Lender showing how much you might be able to borrow, usually based on self-declared information and your credit profile: more info
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A Mortgage Capacity Report, on the other hand Mortgage Capacity Reports are more detailed and produced by Mortgage Advisors specifically designed for the courts and provides context on what you can borrow based on the whole market. It includes deeper analysis and takes Mortgage Lender Criteria, affordability models, and verified documents into account: more info
In legal situations, an MIP is typically not sufficient. Courts and Solicitors often require the more detailed and impartial Mortgage Capacity Report instead.
reasons to get in touch
Service
Luke has more than 10 years’ experience in customer facing and customer focused roles within the Financial Services industry. including more than 5 years in Mortgages.
He prides himself in delivering excellent customer service, whilst guiding his customers through the whole process, always being on hand to provide regular updates and answer questions.
5 Star rated
We’ve been rated 5 stars by more than 100 of our customers on Vouched For, Google & Facebook.
As a result Luke has been listed in the Times, after being awarded one of Vouched Fors Top Rated UK Mortgage Advisers for 2019 and 2020.
We always pride ourselves in delivering great customer service and being on hand to help when you need us.
Cost
Protection and Insurance Advice will always be free.
And in some cases our Mortgage Advice will be completely free to you.
However, I never turn down a challenge and do work with Specialist, hard to place cases and in these instances may need to charge a fee.
If this is the case it will be made clear from the outset and will only be payable once the Mortgage has been approved.
Expert Mortgage Advice
I am a fully CeMap qualified and FCA Regulated Mortgage Advisor with in-depth knowledge on these Specialist Mortgage advice areas;
Adverse/Bad Credit, Contractor (including IT and CIS), Self-employed, Help to buy/Shared ownership and Right to Buy.
Buy to Let; Portfolio, First Time Buyers/Landlords, Low Deposit, Limited Company and Low to No
Income.
Frequently Asked Questions
What is a Mortgage in Principle?
You may hear it called a Mortgage, Agreement or Decision in Principle (MIP, AIP or DIP). But they are all the same thing:
An initial application to the best Mortgage Lender for your circumstances, in which the Lender will determine how much you are able to borrow and whether you initially meet their Criteria.
During which, the Lender will complete a credit check on you and will consider your income and outgoings.
Most estate agents will want confirmation from your Mortgage Broker of your Mortgage in Principle prior to you viewing or offering on a property.
Can I get a Mortgage Capacity Report if I have Bad Credit?
Yes you can, but it may have an impact.
If you would like the Advisor to consider your Credit profile, as this may affect your ability to obtain a Mortgage, please provide the Mortgage Advisor with a copy of your full Credit Report so this can be considered alongside the other information you provide your Advisor with.
Can I get a Mortgage Capacity Report if I'm Self Employed?
Yes, you will typically need at least 1 years worth of accounts.
Frequently Asked
Service Questions
spellman financial services
Get in touch!
If you need professional Mortgage Advice, please click the button below.
Address & Telephone
102 Stoney Road, Coventry, West Midlands, CV3 6HY
Telephone: 07739387944
Email: luke@spellmanfs.co.uk
Opening Hours
Monday-Friday: 08:00 - 18:00
Saturday: 08:00 - 14:00
Sunday and other times: By appointment
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH REPAYMENTS ON YOUR MORTGAGE.
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Terms and Conditions
Privacy Policy
Spellman Financial Services is a trade name of Luke James Spellman which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.
Approved by The Openwork Partnership on 02/07/2026.
Spellman Financial Services is Registered in England. Registered Number: 14599504. Registered Address: 102 Stoney Road, Coventry, England, CV3 6HY.
The information on this website is for use of residents of the United Kingdom only. No representations are made as to whether the information is applicable or available in any other country which may have access to it.