Are there specific lending criteria or affordability checks I need to be aware of for Bank of England base rate tracking buy-to-let mortgages?
Quick Answer
Yes, lenders apply a 125% rental coverage stress test at a 5.5% notional rate for base rate tracking buy-to-let mortgages, alongside evaluating landlord experience and personal income.
About This Topic
Understand buy-to-let base rate tracker mortgage criteria in the UK, including stress tests (125% at 5.5%), affordability checks, and risks.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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