Key Features:
- Rates from 5.29%
- Up to 75% LTV
- Loans from £250k to £2.5m
- 2 & 5 year fixed rates
Acceptable Security
- HMOs up to maximum of 10 rooms
- Multi-unit blocks up to maximum of 10 units
- Single lets BTL with maximum of 10 properties on the loan
Customer Criteria
- Single Let – first time landlords acceptable
- MUFB up to 10 units – 12 months experience as a landlord
- Small HMO – 12 months experience as a landlord
- Large HMO – experience of managing a similar number of rooms/units for at least 12 months
- Limited company applicants with simple shareholdings (no group structures, share purchases, trusts or off-shore elements)
- Ex-pats acceptable
General
- Criteria exceptions would be considered but on our Complex BTL products. For example, demand for letting valuation commentary, client experience or credit profile.
Product information correct as of 30/05/2024.
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.
