The Times - Does it pay to be a buy-to-let landlord?
The Times article explains landlords are starting to feel the pinch from tax changes aimed at making it less attractive for private investors to buy rental properties.
Aaron Strutt of Trinity Financial, a broker, says Clydesdale Bank, Barclays and NatWest allow landlords to use their employment income in the calculation to boost the maximum loan size.
He explained this can mean the numbers add up for you to buy one or two properties, however your income is likely to be too stretched if you try to use it to cover several properties.
Fleet Mortgages and Santander have more generous rental calculations for landlords to pass because their stress tests loans at 125% per cent interest cover at a rate of 5%.
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