Whether you have a single buy to let (BTL) or are a portfolio landlord, if you are considering a new purchase or refinancing an existing BTL mortgage, then each lenders’ Interest Coverage Ratio (ICR) requirements/policies will be crucial to your success. In the current times of high interest rates, lenders have set challenging ICRs and…
As the mortgage market continues to operate, albeit in a constantly changing environment, we address some of the common questions landlords are currently faced with.