ICR calculations

Standard buy-to-let (75%-80%)

5 year fixed or like-for-like 145% at pay rate
All other applications 145% at pay rate, plus 2% (floored at 5.5%)

 

Standard portfolio applications

Portfolio background stress (up to maximum 75% LTV) 145% at 5.70%

 

Limited company buy-to-let (75%-80%)

5 year fixed or like-for-like 125% at pay rate
All other applications 125% at pay rate, plus 2% (floored at 5.5%)

 

Limited company portfolio applications

Portfolio background stress (up to maximum 75% LTV) 125% at 5.70%