Every buy to let case starts with affordability.

At ModaMortgages, we’ve stripped things back to the essentials, with clear criteria designed to help you quickly understand what your client can borrow.

That starts with straightforward ICR requirements:

• 125% ICR  for basic rate taxpayers
• 140% ICR  for higher and additional rate taxpayers
• 125% ICR for limited companies

We also don’t require a minimum income on loans below £1m, helping you place cases for a wide range of landlords without unnecessary barriers.*

And if a property’s rental income falls short of the required ICR, top slicing can help bridge the gap.

Plus, for £ for £ remortgages, we assess affordability using the initial pay rate up to 80% gross LTV, even on short-term fixed rates.

No minimum income on loans below £1m*

Why brokers choose ModaMortgages:

• Top slicing available across our range on eligible cases
• Up to 80% LTV
• First-time buyers and first-time landlords accepted
• Individual and limited company applications considered
• Instant DIP and 100% online application process

* Minimum income of £30,000 applies to first-time buyer applications. A minimum income of £100,000 from at least one applicant is required for loans over £1m.