Why do you apply a stress to your income calculations?

Shawbrook takes its responsibility as a lender seriously so we apply a stressed LIBOR rate when calculating affordability.

We increase the level of the current Libor to ensure that, as interest rates rise and as the economy recovers, we are confident that your property will generate sufficient income to cover all of its expenses at that time. As an investment, it is essential the property generates enough income to cover its costs.