Buy-to-Let Top-slicing

Every case is reviewed manually, and if there is a shortfall in rental income for the affordability assessment we are here to help.

If the mortgage is not self-supporting at the stressed rate and top-slicing is to be considered, the shortfall in rental income must be assessed as coverable by the borrower’s personal income.

Please note:

• Top-slicing is available on all our BTL products except Visa BTL.
• The rental income must meet the minimum ICR allowable for top slicing of 100%.
• Top-slicing is not available to portfolio landlords (having four or more rental properties currently mortgaged).
• Top-slicing can also be considered on Joint Borrower Sole Proprietor (JBSP) mortgages.

If you have any questions or wish to discuss the eligibility of your case for top-slicing, please contact our Telephone BDM Team using the details below.