Royal Bank of Scotland has made changes to its NatWest range of fixed rate, tracker and variable buy-to-let mortgages.
It has increased the maximum LTV across the range to 85% from 80%. This excludes the buy-to-let two-year tracker, which has a maximum LTV of 70%.
The rental income cover threshold calculation will now be 125% of the monthly mortgage interest payment, at the Bank of England rate +0.79%. There is also now no minimum income requirement, with a holistic view of affordability taken in all cases.