Minimum rental income coverage
Our Buy to Let affordability can be calculated using the below figures:
Self-employed and experience landlords
- Basic rate taxpayers: 125% at a reference rate of 5.5%
- Higher rate taxpayers: 130% at a reference rate of 5.5%
First time landlords
- Basic rate taxpayers: 140% at a reference rate of 5.5%
- Higher rate taxpayers: 145% at a reference rate of 5.5%