- Knowledge base
- Lending Criteria
- Affordability
-
Lending Criteria
-
Data & Privacy
-
Investors
-
Broker Portal
- Registration
- Login
- My cases
- Supporting documents
- Case managers
- Application - General
- Application - Decision in Principle
- Application - Application form
- Application - Direct debit mandate
- Application - Submission
- Application - Portfolio submission
- Automated valuation models
- Identity verification
- Other
-
Existing borrowers
-
Products and BTL Calculator
What is your minimum ICR?
Our minimum ICR (Interest Coverage Ratio) for standard loans is 125%
ICR rules for 2-year fixed rate and tracker rate products stressed at the greater of either 5.50% or pay rate +2%
|
Standard |
AVM Standard 70% LTV |
AVM Standard 75% LTV |
HMO/MUFB |
First Time Landlord/Buyer |
|
|
Individual - Basic rate |
125% |
125% |
130% |
125% |
135% |
|
Individual - Higher rate |
140% |
140% |
140% |
140% |
140% |
|
Limited Company/ LLP |
125% |
125% |
130% |
125% |
135% |
ICR rules for 5 year fixed rate products stressed at pay rate:
|
|
Standard |
AVM Standard 70% LTV |
AVM Standard 75% LTV |
HMO/MUFB |
First Time Landlord/Buyer |
|
Individual - Basic rate |
125% |
125% |
130% |
125% |
135% |
|
Individual - Higher rate |
140% |
140% |
140% |
140% |
140% |
|
Limited Company/LLP |
125% |
125% |
130% |
125% |
135% |