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BTL Rental Coverage Ratios from BM Solutions

01 June 2017

BM solutions

In November 2016 BM Solutions launched their innovative approach to the tax changes which provided a tailored solution to support your individual customers needs. They believe their solution is better than a 'one size fits all' approach.

Following your feedback, BM Solutions wanted to simplify their approach even further so please click to reveal their maximum rental coverage ratios and stress rates.

It’s important that you use the rental income calculator on every application, keying your customers income sources accurately to ensure that you get the best possible outcome for your clients.
 
Their model is designed to use your customers actual tax position. Basic rate tax payers will require 125% rental cover. For higher and additional rate tax payers, based on current products, the majority of cases will require a rental cover below 140% - try it and see for yourself and check out their rental coverage ratios and stress rates.

If you have any queries please contact your Business Development Manager.


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