Tailored Buy-To-Let Mortgage Service for Brokers

We offer buy-to-let mortgages for both individual and limited company borrowers
For all enquiries please contact us on
(01228) 403 135

Portfolio Landlord Buy-To-Let Mortgages

Loan size

Minimum total mortgage amount £250,000

Minimum individual property value £150,000

Portfolio size

Up to 20 properties in the portfolio? You can mortgage up to 8 properties with our standard products below. Additional properties are priced individually.

Total portfolio debt should not exceed the maximum product LTV (60%) in order to qualify for loans on product rates. Loans where total portfolio debt exceeds product LTVs will be individually priced

Maximum LTV

Within a portfolio, no individual property LTV should exceed 60% in order to qualify for loans on product rates. Where LTV exceeds 60% loans will be individually priced.

Property

Properties can be freehold, or leasehold with a minimum of 85 years left on the lease at the start of the mortgage and 50 years at maturity.

Your property must have an Energy Performance Certificate rating of E or higher or a suitable exemption

Term

Maximum mortgage term of 10 years for the below products. Maximum 25 year term on a capital repayment basis or 20 years on an interest only basis where loans are individually priced.

Income criteria

Annual rental income for sole traders and partnerships should be a minimum of 145% of the annual mortgage interest at 5.5% or 2% above the mortgage rate you are paying, whichever is higher. Limited companies should be a minimum of 125%

Lower levels of income will be considered where borrowers have additional sources of income.

Tenancy

Properties must have tenancy agreements in place; Assured Shorthold Tenancy for England and Wales or a Private Residential Tenancy in Scotland

Not eligible

Former council flats

For more information about products and pricing for our portfolio landlord buy-to-let mortgages, please contact us on 01228 403 141.

Buy-to-let mortgages for limited company borrowers

All loans and product fees individually priced

Applicants

Not available to customers who have 4 or more mortgaged properties - refer to Portfolio Landlord criteria above.

Loan size

Maximum Loan £5m

Minimum loan £30,000 in area and £75,000 out of area

Minimum property value £50,000 in area and £150,000 out of area

Arrangement fee

Arrangement fee can be added to mortgage subject to LTV

Maximum LTV

Maximum 75% LTV

Term

Maximum term 25 years (C&I) or 20 years (IO)

Income criteria

Letting income to provide minimum ICR of 125% at pay rate + 2% (minimum 5.5%)

Background income from other sources may be taken into account where ICR is lower than 125%

Capital overpayments

Capital overpayments of 10% per year allowed during any early repayment charge period

Tenancy

6 month AST

Application form
For Limited Companies & Limited Liability Partnerships
Operating area map - whole area
Where We Lend

We provide these mortgages on properties throughout England, Scotland and Wales.

Book a time for us to call you to discuss your needs

Request a Call-Back
Your mortgage is secured on your property. Think carefully before securing other debts against your property. Your property may be repossessed if you do not keep up repayments on your mortgage.