presidenttttt
Registered User
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- 372
I was a bit surprised to see the level of stress testing going on with BTL mortgages at the moment.
Essentially rent needs to be close to 1.4 times the mortgage, and LTVs in excess of 60% are going to be tricky.
Pretty high interests at the moment for the banks to be taking practically zero risk!!
Is this trending up or down? Are rent pressure zones likely an issue here - capping revenue while costs are exploding?
Essentially rent needs to be close to 1.4 times the mortgage, and LTVs in excess of 60% are going to be tricky.
Pretty high interests at the moment for the banks to be taking practically zero risk!!
Is this trending up or down? Are rent pressure zones likely an issue here - capping revenue while costs are exploding?