Personal Budgeting & AffordabilityPersonal Balance Sheet
What do you own, what do you owe, and what are you worth? A free personal balance sheet and net worth template, set out the way lenders and advisers set it out: money you can get at, other things you own, what you owe within a year and what you owe longer term. It shows how much of your home is yours and whether your ready money covers what you owe soon. Open your income and expenditure file and most of it fills itself. Download it as Excel or PDF. Nothing is sent anywhere. Reviewed 10 September 2026.
What you own, what you owe, and what you are worth — a net worth calculator
Type in what you own on one side and what you owe on the other. Everything is today’s value, not what it cost. The answer shows what you are worth, how much of your home is yours, and whether your ready money covers what you owe soon. Nothing you type is sent anywhere.
Handy to have: your latest mortgage statement, a savings balance, and an idea of what your home would sell for. About five minutes. If you have saved your income and expenditure figures on the other page, open that file here and most of the debts fill themselves.
Guarantees you have given
Property held in your own company
Borrowing you pay interest only on
If you are buying
Landlord Tax Enquiry prepares balance sheets and income and expenditure statements from your statements and records, in the format lenders and advisers expect. Based in Hounslow, West London, working across England. Records, not advice. We are not FCA-regulated; for commercial, bridging or development finance we can introduce you to BCL Commercial Finance (non-regulated) — see Financial Services.
A Personal Balance Sheet the Way Lenders and Advisers Set It Out
Two sides. What you own is split into money you can get at and everything else. What you owe is split into the next twelve months and longer term. That is the layout in every personal-finance textbook and every lender’s asset-and-liability form.
What your net worth is for — and how to grow it
Net worth is the single clearest measure of your financial position, and two people rely on it: lenders and you. A lender looks at it alongside your income to judge how much you can safely borrow and how much of a cushion you hold; for you, it is the number to watch over time — rising net worth means you are building wealth, whichever way individual asset prices move in a given year.
The two levers that move it are simple: grow what you own (save, invest, add value to property) and shrink what you owe (pay down the most expensive debt first). If borrowing is your next step, our BTL Affordability & ICR calculator shows what a rent figure could support, and the Property & Debt Schedule lets you track equity across a portfolio. This is general information to help you plan — not advice about your own finances.
One Statement of Assets and Liabilities, Six Situations
Lenders call it a statement of assets and liabilities; advisers call it a personal balance sheet; most people just want to know what they are worth. Same form, whichever brought you here.
Personal Balance Sheet: Your Questions
What is a personal balance sheet?
A snapshot, on one day, of everything you own and everything you owe. Take one from the other and you have what you are worth. Your income and expenditure statement shows the flow of money each month; the balance sheet shows the stock. Lenders, advisers and courts ask for both.
What value do I put on my home?
What you think it would sell for today, not what you paid for it. An estate agent's appraisal or a recent sale of a similar house nearby is good enough. A lender will use its own valuation, so do not overreach.
Do I count my pension?
Record it, but the page does not count it unless you tick the box. You cannot spend a pension pot today, and lenders do not treat it as money you could use. It still matters, which is why it is shown separately.
How do I value my company?
Ask your accountant. The simplest figure is your share of the net assets on the last balance sheet. It is recorded and not counted, because a lender will not count it either, but it shows the full picture.
What goes in “what you owe within a year”?
Bills you have not paid yet, card and overdraft balances, loans that finish within twelve months, and any tax you owe HMRC. Everything that will be due in the next year. Longer-term borrowing goes in the next section.
Can this fill itself from my income and expenditure statement?
Yes. Save your income and expenditure figures as a file on that page, then open the same file here. Your ready cash, mortgage balance, card and loan balances, anything you owe your company, and your monthly bills come across. You then add what you own.
What do lenders look at on a balance sheet?
Three things. How much of your home you own, which is the mortgage against the value. Whether your ready money covers what you owe within a year. And how many months of bills you could pay if income stopped. The page shows all three, with a rough rating.
Is this advice, and is Landlord Tax Enquiry regulated?
No, and no. Landlord Tax Enquiry is not authorised or regulated by the Financial Conduct Authority. This page shows the arithmetic on figures you give it. It does not value anything, recommend anything, or make a lending decision. For a mortgage on your own home, use an FCA-authorised adviser. Our only finance role is introducing clients to Broker's Choice Limited t/a BCL Commercial Finance for non-regulated commercial, bridging and development finance; BCL is not FCA-regulated.
How do I work out my net worth?
Add up everything you own at today's value — money you can get at, your home, other property, investments, vehicles — then take off everything you owe, from unpaid bills and cards to mortgages. What is left is your net worth. This page does the arithmetic, applies your share of anything owned jointly, and keeps pensions and a shareholding in your own company separate, because you cannot spend them today.
What is a statement of assets and liabilities?
The name lenders use for a personal balance sheet. It is the same document: assets on one side, liabilities on the other, net worth at the bottom. Lenders ask for one with most mortgage applications and with every personal guarantee. Download the PDF from this page and it prints in that form, with a declaration and a signature line for each of you.
What is a good net worth for my age?
There is no target, and be wary of anyone who gives you one. What matters is the direction: are you worth more than a year ago, and how much of that was debt you paid off rather than the housing market moving? Enter last year's figure and this page splits the change for you. As a rule of thumb, most people's worth is mostly their home until their fifties and mostly their pension after that.
Does a lender count my car, my jewellery or my pension?
Usually not. Cars fall in value and are often on finance; jewellery and collectables are discounted to nothing; pensions cannot be spent today. This page records them but leaves them out of what you are worth, which is how a lender will treat them. You can tick a box to count pensions if you want the full personal picture.
Is my information saved or sent anywhere?
Nothing is sent to us or to anyone else. Your figures stay on this page unless you switch on Remember on this device, save them as a file, or download them as Excel or PDF.
Ready to talk it through? Send us the details
This is fixable — and you can do a lot of it yourself. For a straightforward case, the free tools take you through it step by step, no accountant needed. For the genuinely complex ones, a professional earns their keep — and we’re here if you want one, or if you’d simply rather not do it alone. The choice is yours.
There’s no charge to make contact and no obligation. Hands-on help starts from a fixed £450 case review, and the full price is always agreed with you before any work begins.