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Use the Your Move buy to let calculator to work out the required rental income that may be needed from your proposed buy to let property.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Our initial consultation is free. We will charge a fee between £349 and £699 on application. The amount we will charge is dependent on the amount of research and administration required.
Buy to Let Calculator
This calculator provides a guide to the rental income likely to be required from a lender to support the mortgage applied for and does not guarantee eligibility for the mortgage. Please contact us for a personalised Key Facts Illustration.
The calculator provides a Loan to Value percentage which is the ratio of your mortgage expressed as a percentage of the value of the property. The calculator also suggests a higher and lower figure for the rental income that a lender may require to support a given mortgage. The higher figure assumes a mortgage interest rate of 5.09%, and the lower figure a rate of 4.49%. Both calculations are based on the lender requiring 125% of the monthly mortgage interest payment as a rental income. Please note that the exact criteria may vary from lender to lender.
Your Move has nearly 300 estate agent branches in the UK, helping buyers, sellers, tenants and landlords.