Buy-to-let products:
Standard product
Key features:
- Individuals (includes First Time Landlords) and Limited Companies (UK SPVs)
- Houses, leasehold flats and maisonettes to 75% LTV
- Rates from 3.64%
- Max LTV 75%
- Minimum loan size – £50k
- Maximum loan size – £1.5m
Additional Information:
- Unlimited portfolio size but maximum 10 loans per borrower with maximum £3m borrowing
- No credit exceptions
- New build properties limited to max 75% LTV
- No top slicing
- *Non-Portfolio Landlords will be defined as those having 3 or less mortgaged BTLs collectively, including any pending applications. Therefore where 2 applicants are applying together, the total number of their individual and joint mortgaged properties will be taken into account.
- Must be able to evidence a minimum of 12 months current mortgage history
Specialist product
Limited Edition, Key features:
- HMO up to 6 beds
- MUFB up to 6 units (including partial)
- Above or next to Commercial (please refer)
- Rates from 3.69%
- Max LTV 75%
- Minimum loan size – £50k
- Maximum loan size – £1.5m
Additional Information:
- Unlimited portfolio size but maximum 10 loans per borrower with maximum £3m borrowing
- Individuals (includes First Time Landlords) and Limited Companies (UK SPVs )
- New build properties limited to max 75% LTV
- No credit exceptions
- No top slicing
- *Non-Portfolio Landlords will be defined as those having 3 or less mortgaged BTLs collectively, including any pending applications. Therefore where 2 applicants are applying together, the total number of their individual and joint mortgaged properties will be taken into account
- Must be able to evidence a minimum of 12 months current mortgage history
Core, Key features:
- HMO up to 6 beds
- Rates from 3.84%
- MUFB up to 6 units (including partial)
- Above or next to Commercial (please refer)
- Consumer Buy to Let
- Houses, leasehold flats and maisonettes to 75% LTV (new build max 70% LTV)
- Loan size, £50k – £2m* gross
- Max LTV 75%
Additional Information:
- Porfolios up to £7.5m considered (above £3m lending or 20 properties by referral)
- Large Block Exposure to 20 units with up to 100% exposure possible (Valuation block discount may apply for units of 4 or more)
Complex product
Holiday Let, Key features:
- Loan size, £50k – £750k
- Max LTV 75%
- Rates from 4.79%
- All forms of short term letting permitted including AirBnB)
- We lend on properties with no occupancy restrictions that have valuer confirmation demand exists on an AST basis. Lending amount available is calculated based on AST rental value.
Additional Information:
- Individuals (includes First Time Landlords) and Limited Companies (UK SPVs)
- Houses, leasehold flats and maisonettes to 75% LTV (new build max 70% LTV)
- Consumer Buy to Let
- MUFB
- Above or next to Commercial (please refer)
First Time Buyer, Key features:
- Loan size, £50k – £550k
- Max LTV 75%
- Rates from 4.99%
- Individuals (borrowers who do not own a property) and Limited Companies (UK SPVs)
- Employed with minimum annual income of £25k Minimum age 25 years UK credit footprint required – Please refer prior to submission.
Additional Information:
- Houses, leasehold flats and maisonettes to 75% LTV (new build max 70% LTV)
- Consumer Buy to Let
- MUFB
- HMO
- Holiday Let
- Above or next to Commercial (please refer)
- Arm’s length purchases only
Large HMO/MUFB, Key features:
- Loan size, £200k – £1.5m
- Max LTV 75%
- Rates from 4.89%
- HMO from 7 – 10 beds
- MUFB from to 7- 10 units
Additional Information:
- Individuals (includes First Time Landlords) and Limited Companies (UK SPVs)
Expat, Key features:
- Loan size, £50k – £750k
- Max LTV 75%
- Rates from 4.89%
- UK passport holders living outside of the UK
- Expat inside EEA
- Expat outside EEA
- UK credit footprint required
Additional Information:
- Houses, leasehold flats and maisonettes to 75% LTV (new build max 70% LTV)
- Consumer Buy to Let
- MUFB
- HMO
- Holiday Let
- Above or next to Commercial (please refer)
Foreign National, Key features:
- Loan size, £50k – £1m
- Max LTV 65%
- Rates from 5.89%
- Limited Companies only (UK SPVs)
- Non-UK passport holding UBOs without indefinite leave to remain in the UK
- Non-UK passport holding UBOs living outside of the UK
- UBO(s) must have a UK credit footprint
- UBOs living in EEA countries acceptable
- UBOs living in non-EEA countries by referral (*Rate loading may apply)
Additional Information:
- Houses, leasehold flats and maisonettes to 65% LTV
- MUFB
- HMO
- Holiday Let
- Above or next to Commercial (please refer)
Product information correct as of 11/01/2024.
For intermediaries only.
Your home may be repossessed if you do not keep up repayments on your mortgage or a loan secured against it.
The Financial Conduct Authority does not regulate some aspects of corporate financial planning, property investment or buy to let lending.
