Buy to Let Mortgages for Portfolio Landlords

As a Portfolio Landlord with 4 or more mortgaged buy to let and / or holiday let properties, you’ll know what you need from a Buy to Let mortgage provider.

You’ll require award-winning service from a team with over 30 years’ experience in the Buy to Let lending. An application process where each case is reviewed on merit. A partnership with a dedicated relationship manager who is on hand to support you.

You’ll get all of this and more with The Cumberland - because kinder banking isn’t just words – it’s what we do.

Below, we’ve outlined the types of applications we can consider for portfolio landlords and the products that apply to each.

Specialist product	Specialist+ product
Limited Company Special Purpose Vehicle or Limited Liability Partnership Special Purpose Vehicle without personal guarantee	Trading Business (Entity type sole trader, partnerships, Limited Company, Limited Liability Partnership)
4-8 mortgaged Buy to Let or Holiday Let properties	9 or more mortgaged buy to lets or holiday let properties in portfolio
Security address above Commercial property	Real estate property developers
	Complex Security

Less than 12 acres of land
Maximum single loan £6m and total maximum exposure £15m
Max 8 individual society Buy To Let loan per borrower

Next steps

At The Cumberland, we’re committed to working closely with you to ensure you get the right mortgage to suit your individual circumstances. Ready to take the next step? Contact the Cumberland today to start your journey.

Renters Right Act 2025

The Renters Right Act is legislation that introduces changes to the private rental sector in England with minimal impact in Wales. It forms part of the wider government plans to reform tenancy structures and strengthen tenant protections. Although the Act had now been passed into Law, changes are being introduced in phases.

More information about the Renters Right Act can be found here.

Help and Support

External factors continue to be a cause for concern for many business owners. If you are an existing Cumberland customer and worried about your mortgage, please get in touch or visit our financial difficulties page.

Lending Criteria

Properties can be freehold or leasehold with minimum 85 years unexpired lease at the start of the mortgage term
Annual income of above £25,000 (or £50,000 with 100% rental coverage where top slicing is required)
Maximum mortgage term 30 years
Background portfolio cannot exceed 20 properties
Maximum 8 individual Society Buy To Let loans per borrower
Your property must have an Energy Performance Certificate rating of E or higher or a suitable exemption for properties in England and Wales

Portfolio Landlords (Individuals or Partnerships)

For products less than 5 years, annual rental income should be minimum 145% of annual mortgage interest at stressed rate of 5.5%, or product rate +2% if higher
For products fixed for a period of 5 years or more, annual rental income should be minimum 145% of annual mortgage interest calculated using the product rate
For remortgages with no additional borrowing, annual rental income should be minimum 145% of annual mortgage interest calculated using the product rate
Where a capital & interest mortgage is required, evidence Debt Coverage Ratio (DCR) at 125% coverage with a further check that Interest Coverage Ratio (ICR) is met at 145%. Both DCR and ICR must be met

Portfolio Landlords (Limited Companies)

For products less than 5 years, annual rental income should be minimum 125% of annual mortgage interest at stressed rate of 5.5%, or product rate +2% if higher
For products fixed for a period of 5 years or more, annual rental income should be minimum 125% of annual mortgage interest calculated using the product rate
For remortgages with no additional borrowing, annual rental income should be minimum 125% of annual mortgage interest calculated using the product rate
Where a capital & interest mortgage is required, evidence DCR at 110% coverage with a further check that ICR is met at 125%. Both DCR and ICR must be met

Not eligible

Flats/apartments in a block exceeding more than 6 storeys
Limited Companies incorporated outside the UK