Your home may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it.
Most Buy to Let mortgages are not regulated by the Financial Conduct Authority.
How much can I borrow for a Buy-to-Let Property?
Our Buy-to-Let Mortgage calculator will give you an estimate of how much you can borrow to fund your investment property.
The Lender’s criteria includes a ‘stress test’ which is based on the potential for interest rates to increase.
Enter your expected monthly rental income, select a stress rate (between 4.5% and 5.5%) test and use the Calculate button.
The calculation includes a multiple of 125% which typically covers the range of rental coverage most lenders will use to calculate your maximum loan.
The calculation here provides a generic but reasonable indicator of what may be achievable.
Not what you expected? More than you'd hoped for?
There are a number of variables when making this calculation as Lenders vary widely in their calculations. McRobieAdams can add value as we search across an extensive panel of lenders. To find out accurately what you can borrow, get in touch today.