With income tax top rate of 45% love to be paying £1m income tax mean earning more than £2.2 m. With CGT top rate 28% happy to be paying £1m CGT meaning profit circa £3.6m
Presume the £665 per £100k is only on borrowed amount. No one surely Buys To Let without substantial deposit!
So am I right in saying if you have (as is needed with BTL mortgage) large deposit of say 50%. £200,000 property would let for more than £665 month so this would be ok on stress test ?.