With rising interest rates, how is the stress testing for rent-to-interest (RTI) ratios impacting buy-to-let mortgage affordability for HMOs, especially for landlords looking to remortgage?
Quick Answer
Rising interest rates and tougher stress tests mean HMO landlords need higher rental income to cover bigger mortgage payments, impacting affordability and making remortgaging more challenging.
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Discover how rising interest rates and stringent rent-to-interest stress tests impact HMO mortgage affordability and remortgaging. Learn key challenges and solutions for landlords.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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