THE HOME OF SPECIALIST BUY TO LET
We support landlords at every stage, from first-time landlords to experienced portfolio landlords, with lending shaped by our real experience and understanding of today's complex market. Our solutions help your clients diversify with confidence across HMO's, holiday lets, MUFBs, short-term lets and semi-commercial properties, along with specialist products for expats.
We're committed to supporting brokers and their landlord clients with clear communication, quick decisions, and reliable service. We're here to make mortgages happen.
*Subject to product availability
Income
Loan Details
Formula
Result
HOW MUCH CAN MY CLIENT BORROW?
Affordability is based on the rental income of your client’s property. Find out here how much we may be able to lend.
Unless stated otherwise, rental income must cover the stressed mortgage payment by 125% for limited companies and basic rate tax payers, 145% for higher rate tax payers, or 135% where there is a mix of low and higher rate tax payers in the application. Holiday lets are calculated at an average of 39 weeks.
Where the fixed rate is for 5 or more years, the mortgage payment is calculated at the pay rate. For shorter term fixed rates, it uses the higher of 6% or Pay Rate + 2%.
Got a case to place?
Short-term let
Sarah, a landlord with four buy to let properties in her name, was recently advised by her accountant to manage her tax more efficiently. To do this, she set up a limited company (also called a special purpose vehicle, or SPV) before she purchased her next property. Now, she has her eye on a lovely cottage in Devon, with plans to rent it out as a short term let on Air B&B.
Here’s what our short term let product offers:
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Available for limited companies and individual landlords |
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Up to 75% loan-to-value (LTV) |
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No minimum personal income needed for portfolio landlords |
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No short-term/holiday let experience required |
Portfolio Landlord
Harriet is a 61-year-old self-employed property investor and an experienced landlord with 47 properties to her name. As a higher-rate taxpayer earning £145,000 a year, she’s well used to managing a busy portfolio and navigating the complexities that come with it.
Here’s what our portfolio landlord products offer:
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Work with complex limited company structures |
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No limit on background portfolio size |
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No issue with intercompany loans being used for deposits |
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Consider cases with connections between the freeholder and leaseholder (application pending) |
