Buy to Let calculator

We've updated our Buy to Let calculator so you can now compare what your customer can borrow on an ICR and a Top Slicing mortgage. The results are based on their personal income, financial commitments and the rental income of the Buy to Let property being mortgaged.

During the application process we’ll ask for a more detailed breakdown of their income and outgoings, this could change the amount we lend.

When using the calculator for contractors, please enter 80% of the annualised gross contracting income, in line with our lending criteria.

Need help completing the calculator? Read our Buy to Let calculator help page.

Step 1 - ICR calculation

If you're looking for a simple ICR result then you only need to complete this first step.

Step 2 - Top Slicing calculation

To get a result for a Top Slicing mortgage, enter your customer's details in both steps 1 and 2 to compare how much more they could borrow.

*Required

Step 1 - ICR calculation

New Buy to Let details

*Loan amount ?

*Rental income ?

*Fixed rate term

Calculate

Unfortunately your customer cannot borrow the requested loan amount due to our minimum interest cover ratio of 100%. Please consider a lower loan amount or different term.

Your customer could borrow up to:

£XXX,XXX.XX

Based solely on rental income. To proceed, select a product from our Buy to Let ICR range.

To review the loan limits for a different term, select from the drop down and click the calculate button.

This is the ICR lending limit, carry on to Step 2 to see your customer's Top Slicing calculation.

Your customer could borrow up to:

£XXX,XXX.XX

Based solely on rental income. Please choose a product from our Buy to Let ICR range.

To review the loan limits for a different term, select from the drop down and click the calculate button.

This is the ICR lending limit, carry on to Step 2 to see your customer's Top Slicing calculation.

Your customer could borrow up to:

£XXX,XXX.XX

Based solely on rental income. Please choose a product from our Buy to Let ICR range.

To review the loan limits for a different term, select from the drop down and click the calculate button.

This is the ICR lending limit, carry on to Step 2 to see your customer's Top Slicing calculation.

Your customer could borrow up to:

£XXX,XXX.XX

Based solely on rental income. Please choose a product from our Buy to Let ICR range.

To review the loan limits for a different term, select from the drop down and click the calculate button.

This is the ICR lending limit, carry on to Step 2 to see your customer's Top Slicing calculation.

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Step 2 - Top Slicing calculation

Applicant information and finances

Number of adults ?

Number of children ?

*Applicant 1 annual income (£) ?

Applicant 2 annual income (£) ?

Monthly outgoings (£) ?

Residential mortgage details

Outstanding balance (£) ?

Monthly repayment (£)

Existing Buy to Let properties

Total balance of all Buy to Let properties (£) ?

Total monthly rental income (£) ?

Reference number

Your reference

Calculate

Unfortunately your customer cannot borrow the requested loan amount due to our minimum interest cover ratio of 100%. Please consider a lower loan amount or different term.

To review the loan limits or a different term, select from the drop down and click the calculate button.

Your customer could borrow up to:

£XXX,XXX.XX

Based on a combination of rent and personal income*. Please choose a product from our Buy to Let Top Slicing range.

This is the Top Slicing lending limit

Your customer could borrow up to:

£XXX,XXX.XX

Based on a combination of rent and personal income*. Please choose a product from our Buy to Let Top Slicing range.

This is the Top Slicing lending limit

We can use some of your customer's personal income, but unfortunately they don't have sufficient surplus income to borrow the requested loan amount.

Your customer could borrow up to:

£XXX,XXX.XX

Based on a combination of rent and personal income*. Please choose a product from our Buy to Let Top Slicing range.

This is the Top Slicing lending limit

Unfortunately your customer doesn't have enough surplus personal income to borrow on a Top Slicing product

Save results Print results

* The minimum household income for a Buy to Let Top Slicing mortgage is £40,000.

Please refer to loan size and LTV limits. We will not normally lend to applicants who currently have unsecured debt which exceeds half their gross annual assessable income, even if it’ll be repaid in whole, or part, before completion. We’ll exclude student debt from this calculation.

This calculator provides an indication only. It is not a legally binding mortgage offer and places Bank of Ireland UK at no obligation to provide your customer with a mortgage. All applications must meet our lending criteria and are subject to assessment. The amount your customer could borrow may be less than displayed following this assessment.

During the application process we’ll ask for a more detailed breakdown of their income and outgoings, this could change the amount we lend.

When using the calculator for contractors, please enter 80% of the annualised gross contracting income, in line with our lending criteria.

Need help completing the calculator? Read our Buy to Let calculator help page.

Step 1 - ICR calculation

If you're looking for a simple ICR result then you only need to complete this first step.

Step 2 - Top Slicing calculation

To get a result for a Top Slicing mortgage, enter your customer's details in both steps 1 and 2 to compare how much more they could borrow.

Buy to Let calculator

Need help with our Buy to Let calculator?

Step 1 - ICR calculation

New Buy to Let details

Your customer could borrow up to:

Your customer could borrow up to:

Your customer could borrow up to:

Your customer could borrow up to:

Step 2 - Top Slicing calculation

Applicant information and finances

Residential mortgage details

Existing Buy to Let properties

Reference number

Your customer could borrow up to:

Your customer could borrow up to:

Your customer could borrow up to:

Need help with our Buy to Let calculator?