When assessing BTL cases we will use the following calculations:
Portfolio Landlords/Higher Rate Tax Payers
- A stress rate of 145% x 7.05% will apply (or 5.99% if a fixed product of 5 years or more is required)
- For Portfolio BTL landlords any background properties will be assessed at 145% x 6%.
Basic/Nil rate taxpayers
- A stress rate of 125% x 7.05% will apply (or 5.99% if a fixed product of 5 years or more is required).
Do not use this calculator if top-slicing is required. Please refer to our separate top-slicing criteria.