Buy-to-let policy
We use an income and expenditure based assessment instead of an interest coverage ratio or ICR.
Also known as affordability based, or I&E, a personal income assessment is less commonly used by lenders but can be a valuable way to assess affordability for landlords with strong levels of personal affordability.
We use personal and rental income and expenditure in an affordability assessment to determine how much we’re able to lend.
There’s no minimum income and no minimum rent, and our affordability calculator will let you know how much we could lend.